Hi All
I had this question (probably stupid) regarding Bitcoin transactions. As you might know Xapo to Xapo or basically same Bitcoin wallet to same wallet transactions are free and off chain. So what happens if everyone uses just 1 wallet for the transactions among them. I know this case is not possible practically, but just think about it in theory. If this happens, then will Bitcoin mining become non-existent? I know I am missing out something, but just not able to get it.