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?
It will not cost the coin to fall apart but most probably expect higher transaction fees since the miners will just earn from the transactions.
But when that time comes which is 20 years from now imagine how many transactions will occur at a single time. the current rate might be enough to compensate the lost of mining because of the increase in the transactions.