There is a limit to the number of BTC that can ever be generated to 21 million. This is a hard restriction on Bitcoin, which was designed by Satoshi Nakamoto in order to regulate the inflation rate of Bitcoin.
It is definitely one of the factors that prompted the growth of the cryptocurrency and its bull cycle; however, because there is restricted supply and about 80% of the total number of Bitcoin tokens are already mined, the question remains what will happen with Bitcoin in the crypto community after the last Bitcoin is generated on the network. Let’s take a look at some of the possible consequences that will happen after the entire supply of BTC is gone.
The heart of the blockchain network is Bitcoin mining. Without the process of Bitcoin mining, there wouldn’t be any new BTC on the market, and in reality, the entire network … Read more