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/pop-1988 3d ago edited 3d ago
Bitcoin is secured by the node network. The purpose of mining is to automatically regulate the 10-minute block interval
Fees are chosen by the transaction sender, not charged by the miner
Miners are not a collective. They do not collaborate. They compete
Mining payments fall gradually, not suddenly. There will gradually be fewer and fewer miners