What will happen when the last Bitcoin is mined ?

[gentlemand]

It'll take over a century to mine the final 0.9% or whatever. By 2032 over 99% will be mined. That makes it pretty academic overall. By that point there'll have had to have been a healthy fee market for decades for it to survive. If there isn't within 10-20 years it's not going to have a future. The final bit of mining will have ceremonial value only. It would be fun to read the news that day.

Let's all say hello to the future historians reading this. We spent enough to buy continents on Steam games back in the day.

[acroman08]

Hello,

In your  opinion, which changes will occur in the Bitcoin Market once the last bitcoin is mined ?

Will the price increase because of rarity ?

Will fees skyrocket in order to pay for miners ?

Will the number of miners decrease, resulting in lower security ?

the question is surely engaging and can pique someones interest but question might be a little too early for someone to provide an answer
that will solve the question all we can answer is speculation and no concrete answer will be provided since no one knows what will and might
happen. even the "experts" all they can do is speculate with this kind of question.

[Mahanton]

Hello,

In your  opinion, which changes will occur in the Bitcoin Market once the last bitcoin is mined ?

Will the price increase because of rarity ?

Will fees skyrocket in order to pay for miners ?

Will the number of miners decrease, resulting in lower security ?

It would be on 2140 ( https://coincodex.com/article/2401/when-will-the-last-bitcoin-be-mined/ )
So it would still take a while so its not really that right for us to mind too much but answering your question when it comes to price, if theres a high demand into those years and the supply is already fixed then expect for its price to soar up.Miners fee? For sure they would require higher on pushing tx between users.

[jostorres]

Will the price increase because of rarity ?

Maybe, maybe not. It still really depends on the overall demand. Regardless if it's scarce or not, if there's little to no demand, the price still won't increase.

By the time of the last bitcoin to be mined, then the adoption rate would have increase and the use of bitcoin would have also become so popular, so many merchants and institutions would have started accepting bitcoin as payment method, which means it would have already created lots of demand, so even when the last bitcoin is mind, there will always be demand for it, and we know that the moment btc becomes very scarce, people would no longer panic sell, they will hoard their coins and then continue to quote very high rate for it which will gradually make it become so expensive, and as it becomes expensive, we will start migrating from bitcoin to satoshi, then maybe 1 usd would be equal to 1 satoshi, this is why those that predicted bitcoin at $1m must have seen.

[Betwrong]

~ and we know that the moment btc becomes very scarce, people would no longer panic sell, they will hoard their coins and then continue to quote very high rate for it which will gradually make it become so expensive, and as it becomes expensive, we will start migrating from bitcoin to satoshi, then maybe 1 usd would be equal to 1 satoshi, this is why those that predicted bitcoin at $1m must have seen.

If 1 USD equals to 1 satoshi, it's $100 million for 1 BTC, not $1m. But this will never happen imo. Once I calculated what the price of 1 Bitcoin would be if it replaced all the money in the world, and I came to around $4 million for 1 BTC, although this scenario will hardly unfold either. What can happen when Bitcoin becomes very scarce(or even any time today) is that it can become a trend among millionaires to have 1 Bitcoin in their possession. This one thing along can increase BTC price to the level of what amount of money can a millionaire spend on collectibles, but I think it's much less than $1m, although it can be around $100k. (Note that there are 36 million millionaires in the world already, and there will be only 21 million Bitcoins ever.)

[bitcon]

This cryptocurrency will not vanish until WWW exists. It has been calculated that in 2140, miners will get that very latest Bitcoin. After this event, when 21 million BTC will be mined, there can be no more new coins. However, this does not mean that the world of BTC will collapse overnight. In addition to hashing rewards, the cryptosystem also includes transaction fees, and they will grow.