Post
Topic
Board Bitcoin Discussion
Re: What might happen when Bitcoin reaches its 21million coins limit?
by
BitcoinPanther
on 23/02/2023, 19:51:24 UTC

 With this one known fact about Bitcoin, my question is what happens after the limit has been reached?


When all coins are mine, the block reward become zero but the tax included on that block will be the reward of the miner.  It means, the mining activity will continue since there are still transaction fee to be mined.  Satoshi created this kind of system to limit the inflation of Bitcoin and at the same time encourage the use of Bitcoin in order for the network to continue.

So I think if the Bitcoin adoption (Bitcoin usage) is very successful, miners will have the motivation to keep on mining because of the huge transaction fees to be mine.