So, everyone knows that there will be no more block rewards when we reach ~2140. But what do you guys think will happen after?
I personally visualise 2 possibilities:
- Bitcoin is already widely adopted, so the giant community will keep the system running and functioning. Maybe not as easily as today, but with a big enough community, the transaction fees will be high enough for miners to keep on doing their thing.
-Bitcoin has a small community, much like today, and starts to crumble without support of miners, and mining fees will become huge, and so the users will leave. Bitcoins will be left in the transaction pool, and the Bitcoin ecosystem will come to a halt.
Are there any possibilities I might have missed? What do you guys think?
its like guess my destiny for next 10 year,but however that possibilities is make sense. i hope the first option will become bitcoin fate.
Bitcoin is already widely adopted, so the giant community will keep the system running and functioning. Maybe not as easily as today, but with a big enough community, the transaction fees will be high enough for miners to keep on doing their thing.