In the year 2140, a monumental event is set to unfold in the world of cryptocurrencies: the completion of Bitcoin mining. As the last of the 21 million Bitcoins is mined, the digital landscape will witness a paradigm shift. With no new supply, scarcity will drive demand, potentially skyrocketing the value of existing Bitcoins. This landmark moment will reshape the financial ecosystem, leading to new investment strategies and economic models. Brace yourself for the remarkable transformation of the cryptocurrency realm as we know it.
With the conclusion of Bitcoin mining in 2140, miners will rely solely on transaction fees to sustain their operations ?
By the 2056 ½ ing we will have huge scaling issues due to the reward being about 0.024
At this moment the developers have not set up BTC to pay miners and charge fees that will work.
There are multiple directions to handle tiny 0.024 blocks by 2052
so To worry about 2140 is worthless speculation
as we need to have a solution or solutions for 2052 and on.
Btw a 10,000,000 per coin value by 2052 will not fix the scaling issues.
We are not privy to how the developers will handle these smaller reward/scaling issues.