What happens when all bitcoin is mined?

[Dreherns]

Correct me if I dont fully understand the concept of bitcoin. If miners currently work for new bitcoin, then once all bitcoin has been mined, I assume that the only incentive for them to continue running is to collect transaction fees. In order to offset the cost of their rig and electricity, wouldnt their fees need to increase in order for them to make it worth their effort?  Isnt that bad for anyone who wants to use bitcoin as currency instead of investment?

if all bitcoins mined we will use old bitcoins and who have a big amount of bitcoin can control price.

fee maybe stay normally because 1 bitcoin will be more than 1M and will send using mBTC

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[monergo]

Miners will keep mining to get the transaction fees. basic stuff.

[Thappere78]

Correct me if I dont fully understand the concept of bitcoin. If miners currently work for new bitcoin, then once all bitcoin has been mined, I assume that the only incentive for them to continue running is to collect transaction fees. In order to offset the cost of their rig and electricity, wouldnt their fees need to increase in order for them to make it worth their effort?  Isnt that bad for anyone who wants to use bitcoin as currency instead of investment?

if we all stop mining last bitcoin will be mined after 2100. after that we will use safed bitcoin and any loss of coin will reduce number day by day.
fee is gone to miner and never reduce number of bitcoins

[rog1121]

Please correct me if wrong but people will continue to mine IMO as there needs to be miners to process transactions and they will need to survive on the fees that they get form the mining