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What happens after all Bitcoins are mined and network reaches its final cap of 21 million?

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One of the most infamous circulation hard caps is Bitcoin's fixed supply of 21 million BTC

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The token was created in 2009 with this hard cap being an integral feature of its tokenomic

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Since then, 90 percent of the total BTC has been mined already

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And as we approach the final limit, many wonder what will happen to the Bitcoin infrastructure when all the 21 million BTC have been mined

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As described in his famous whitepaper, the Bitcoin network aimed to create a digital currency that would be the opposite of fiat currency

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There will be only 21 million bitcoins in existence, and to ensure a steady flow of liquidity, the coins will be minted at a fixed rate

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New bitcoins only enter circulation when a new block is mined. And currently, it takes 10 minutes to mine a new block.

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Mining is the process of verifying transactions and adding new blocks to the Bitcoin network.

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The limited supply of bitcoin would make it a scarcer object. The scarcity of Bitcoin will probably lead to a buying frenzy. As fear of missing out (FOMO) sets in, the asset's price will increase exponentially as many people would want to buy Bitcoin.

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Top 10 most-trusted cryptocurrency wallets to safeguard saving

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