Question: What happens when the Bitcoin Mining is finished? Will it be the limitation of the market?
Bitcoin mining will eventually finish when 21 million Bitcoins are created. No Bitcoin will be created after that.
At the same time, Bitcoins can be lost on the web forever in case the owner loses the access to it. Thus this means the end of mining means, the diminish of Bitcoin markets in size.
But it shouldn’t be a problem because Bitcoin can be divided up to 8 decimal points.
As in, 1 Bitcoin can be 1,000,000 bits if necessary for transactions. This will help adapt the number of coins to the market demand as it matures in the future.
Bitcoin can be counted even smaller than the 8 decimal points if necessary too.
