Incorrect. It should all be mined out by 2042 or so. Thing about mining is that BTC is proof of work which means it requires an ever-increasing pool of computation and energy. Imagine what happens to the chip makers in 2036 or who when everyone figures out that their exponentially-growing customer is going to die. When the last blocks are mined though BTC will be a fixed number.
Imagine what happens to the chip makers in 2036 or who when everyone figures out that their exponentially-growing customer is going to die
Mining will continue since it's needed to hash the transactions, and they'll get paid on fees. Which will likely be big.
Question is if many will even be transacting on the first layer at that point anymore... Most will just be holding and leveraging it.
No.
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