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?
Hi, your question is searchable and it's has been answered many times. The summary of answer is this:
1. Miners will still work and will still have a profit or reward and that is the transaction fees. In which i think is still profitable.
2. Bitcoin will not fall apart, it will continue to grow on transactions and volume.
And I think BitCoin will fall, because the weaknesses, limitations and disadvantages of BitCoin is much more than other currencies.