What happens when all the Bitcoin is mined? Will the demand for bitcoins decline then and people will shift to new coin ?
This question has been asked too many far times and i think this is just absurd considering how developers have also been craning their bodies to continue to accommodate the hunger for bitcoin. Miners are an essential part of our nitcoin evosystem and it is up to them to deliver the goods. Thats why we maintain them with transaction fees and their access to bitcoin