The maximum number of bitcoins that can be issued is fixed.
Eighty percent of the coins have already been mined.
What do you think will happen to the price after all the bitcoins have been mined?
What do you think will happen to the price once all the bitcoins are mined, and how do you think bitcoin will affect the global economy?
It’s an interesting topic to be discussed.
Actually many haven’t thought of this actually, as it’s really hard to mine all the Bitcoins.
But yes as we are here to discuss theoretically, then let’s do it.
As Bitcoin follows the trend of supply and demand, so as the coins supply will be low or almost 0, then the price will become too high.
The one person who has mined all the BTCs will become the world’s richest person.