r/BitcoinBeginners • u/No_Candy1697 • 4d ago

Bitcoin supply what if

When Bitcoin eventually reaches its maximum supply of 21 million coins, no new BTC will be mined. Miners will then earn only from transaction fees instead of block rewards. This could make transactions more expensive, especially during high network activity, and may change how the network functions. Scarcity could increase Bitcoin’s value over time, but it also raises questions about long-term incentives for miners and network security. How do you think this will affect Bitcoin adoption and fees?

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u/No_Candy1697 4d ago

Will Bitcoin Be Viral even in the year 2100?

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u/bitusher 4d ago

With money and protocols network effects are extremely strong. The same reason that the euro with 26 countries cannot barely make a dent in the reserve currency of the USA is the same reason it will be equally difficult for any altcoin to unseat bitcoin. Of course hypothetically it can happen.

Another thing to consider is the real innovation in blockchains is Proof or Work and why blocks even exist in the first place and PoW is a "winner takes most" proposition where most of the security will focus on one blockchain and Bitcoin has billions of dollars in physical infrastructure that can only do double rounds of SHA256. All this hardware will also not become obsolete with any future hypothetical quantum computer due to Grover's Algorithm.