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?
Mining wont stop after total supply is in circulation. Mining is still required to confirm your transaction within different blocks in the same way as it is done today. So its not like mining just required to mine the coin but its more than that. It is also speculated that fees will increase in this period because miners will get their rewards or earnings from that way as they wont be having reward from the pool directly. That could happen on prominent scale.