What will be the state of Bitcoin after all coins are mined? Even before that what happens to miners as it gets close to the final mint? Is one 1 Satoshi, 00000001 the absolute smallest demonimation or can fractions thereof be created if needed?
That question has been answered at least 21 million times (Google says 641,000,000 results). You must have seen it answered already.
Rather than answering it again, here is a link:
http://lmgtfy.com/?q=What+Happens+After+21+Million+Coins+MinedOf course I google searched. I was hoping to get more feedback regarding getting close to the 21 million, prior to the finality of the mint. At 20 million I assume many miners will drop out and only a select few will continue.