Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?
Will bitcoin still work even without mining?
Or will bitcoin fall apart?
The bitcoin value will become more expensive if will reach the maximum supply or the price will stock up at the highest point and it will not going down anymore. Miners will be affected because there is no more blocks rewards and the transaction jobs will become expensive but will be few so many of the miners will not going to be needed anymore so that the fees will not become cheap therefore some of them will probably shift to other coins like ethereum in order to continue the profit.