Bitcoin : Eli5:21 million mined, what happens to fees?
It’s utopia. Bitcoin is accepted and adopted. Advances in tech mean miners are able to complete the entire process, and there are now 21m coins in circulation, and nothing left to mine.
In this scenario fees are the only way for miners to make money right? So what happens?
Pls correct me if I’ve misunderstood anything 🙂
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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