Cryptocurrency Q&A
What if all 21 million Bitcoins are mined?
What if all 21 million Bitcoins are mined?
ShintoBlessing
Fri Mar 29 2024
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7 answers
1022
So, what happens when all 21 million Bitcoins are finally mined? Won't that mean the end of Bitcoin era? Will the value of Bitcoin collapse? Or will we see a new era of cryptocurrency evolution? I'm genuinely curious about how the market will adapt to this eventuality. Will there be a shift towards other cryptocurrencies, or will Bitcoin still reign supreme? What strategies should investors adopt in preparation for this potential scenario? And what role will governments and regulators play in this transition? I'm eager to hear your thoughts on this matter.
7 answers
BitcoinWarrior
Sun Mar 31 2024
This transition ensures that the network remains secure and functional even after the final bitcoin is mined.
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Rosalia
Sun Mar 31 2024
Once all 21 million bitcoins are mined, which is anticipated to occur around the year 2140, the block subsidy will reach zero.
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CharmedFantasy
Sun Mar 31 2024
Miners will still have an incentive to validate transactions and add blocks to the blockchain through these transaction fees.
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Tommaso
Sun Mar 31 2024
The decrease in the block subsidy and the increase in transaction fees reflect the growing usage and adoption of bitcoin.
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InfinityEcho
Sun Mar 31 2024
Despite the subsidy ending, miners will continue to receive transaction fees as an incentive for maintaining the network.
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