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When all Bitcoin coins are mined, the cryptocurrency will enter a new phase of its existence. This event, expected around the year 2140, marks a significant milestone in Bitcoin\“s lifecycle.
The Bitcoin product was designed with a finite supply of 21 million coins. After the final Bitcoin is mined, miners will no longer receive block rewards but will continue to earn transaction fees. This transition will test the security and sustainability of the Bitcoin network.
The Bitcoin ecosystem must adapt to this new reality. Transaction fees will become the primary incentive for miners to secure the network. The Bitcoin product\“s value proposition may shift from mining rewards to transaction processing efficiency.
Many experts believe Bitcoin will become more stable and mature after all coins are mined. The fixed supply could enhance Bitcoin\“s store of value characteristics, making it more attractive as digital gold. |
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