### There will only be 21 Million Bitcoin ever. What happens when the last coin is mined? Will the price crash or will it pump?

As the world’s leading cryptocurrency, the Bitcoin network is set to reach a milestone when the last Bitcoin (BTC) is mined. With only 21 million BTC ever to be created, the question of “what happens when the last Bitcoin gets mined?” is one that has been asked by many crypto enthusiasts and investors.

For many, the answer to this question is largely unknown. However, this is an important topic of discussion and one that could have a significant impact on the value and sustainability of Bitcoin as a form of currency.

To understand what might happen when the last Bitcoin is mined, it’s important to first look at how the Bitcoin network works and the incentives for miners. When miners validate Bitcoin transactions, they are rewarded with new BTC for their efforts. This is an important part of the network and it serves as an incentive for miners to continue to validate the network.

If there are no more BTC to be mined, then miners will no longer be rewarded for their efforts (outside of transaction fees), and this could cause the network to become unstable. Could this result in a crash in the value of Bitcoin and the wider crypto market? Perhaps.

On the other hand, if the network can eventually transition to a system where miners rewards from fees alone produce sustainable profit, then the network will still be incentivized to remain secure and valid. This could be done by increasing the cost of sending transactions, or it could happen naturally through the rise of bitcoin's value relative to fiat and other assets over time.

It’s also important to consider the impact that the US Federal Reserve’s recent monetary policy will have on Bitcoin when the last BTC is mined. With the US Fed continuing to print more US Dollars and the US Dollar weakening against other major currencies, investors may turn to Bitcoin as a form of protection against inflation.

This could be an important factor in driving up the price of Bitcoin and ensuring that it remains a viable form of currency for many people.

No matter what happens when the last Bitcoin is mined, it’s clear that this is an important milestone for the crypto space and the wider economy. Not only does the mining of Bitcoin provide a reward for miners to continue to secure the network, but it could also have a significant influence on the value of Bitcoin and the wider crypto space.

For young people, understanding the potential implications of the last Bitcoin being mined is an important part of understanding the crypto space as a whole and how to best invest in it. Whether the mining of the last Bitcoin will lead to a crash or a surge in the value of Bitcoin remains to be seen. 

The catch to all this, is that none of us alive today are likely to be around when the last bitcoin is mined, as it will programmatically occur in 2140.

There will only be 21 Million Bitcoin ever. What happens when the last coin is mined? Will the price crash or will it pump?

Wed Jan 04 2023

What Happens When the Last Bitcoin is Mined?

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Wed Jan 04 2023 What Happens When the Last Bitcoin is Mined?

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Wed Jan 04 2023

What Happens When the Last Bitcoin is Mined?