I want to ask, what will happen when bitcoin runs out. The amount of Bitcoin that can be mined is only 21 million. What is the fate of the miners and when will it happen?
My knowledge regarding rhis currency is Limited, but I highly believe that the splitting of the Bitcoin that was happened last few years will be the redemption of this scary scenario, I guess admins and oir fellow geniuses regarding technology will make a way for this forum to still functional and the workers were still allowed to attain profit to this innovative currency.
Splitting bitcoin? do you even know what you are talking about?
If you mean hard fork- it's not a solution as it creates a completely different network, it doesn't change the actual amount of bitcoins that people own, it just brings people bitcoin on another network.
OP: If you are talking about block reward, the miners are supposed to get paid by fees only, and there are going to more transactions by the time the block reward will reach zero, so the fee amount will be higher.
We can always use mbtc instead of btc, so if bitcoin's price is 10000$, then 1mbtc will be only worth 10$, and people will own 1000 times more mbtc then the bitcoin they owned.