Hi guys! So, yeah, as you must know already, all crypto has a finite supply meaning its not going to be mineable forever I guess, but what actually happens when bitcoin hits 21 million max besides it not being mineable anymore? Does this increase the value quicker? Let me know if you know, i dont know the answer and would love to hear what you have to say
It only means that the market price will keep on increasing even more because there will be a shortage in mining so the price will obviously increase even more due to a huge demand in the market.
Most likely,that would be the scenario. Transaction fee would increase too, and miners would rely solely on this for payment for their services.Bitcoin would be expensive on that time and theres a chance for ther cryptocurrency to shine as an alternative too.