$BTC #bitcoin What is your opinion on the future of bitcoins after all 21M are mined?

My view:

0. Mining will end in 2031 if the extraction trend remains at 328 thousand per year. Bitcoins are not gold, because gold is mined and compensates for losses between generations.

1. Millions have already been lost and will never circulate.

2. The number of people who own them will limit social implementation. El Salvador allowed bitcoin trading, but it is difficult to find establishments that accept this currency (based on some videos on YouTube)

3. Only for countries with easy access to the Internet (there are few), but Starlink would make it easier (it depends on whether the country does not have dictatorial tendencies like Brazil in the future).

4. It will depend on Trump whether he will buy 200,000 bitcoins, which could increase the price. If China has a huge reserve, it will be a big problem. It will devalue the dollar and bring down bitcoins, taking them out of circulation in the long term. No government would like to compete with a currency without control. Governments are already smarter about this type of decentralized currency.

5. Very few places that accept it. They are usually high-end places, such as supermarkets with high-quality products. I recently saw one in Rio de Janeiro that started implementing it.

6. Miners will depend on fees. They may gradually migrate their facilities to AI development and game development.

7. Transactions will be more expensive due to high demand.

8. The useful life is apparently limited to one generation. There will be fewer and fewer bitcoins in transactions as people die and keys are lost.

9. The rarer it is, the fewer people will have access to it, similar to a rare stone that only has a function in jewelry

10. 150,000 bitcoins in circulation daily, 360,000 daily transactions, 0.14% compared to the 250 million daily transactions in the Brazilian PIX. The dollar has billions of daily transactions, a global implementation is difficult