$BTC

Let’s discuss a specific scenario of the impact of Bitcoin reaching its maximum (21 million coins) and demand decreasing.

If Bitcoin reaches its predetermined maximum (21 million coins) and demand for it decreases, a few things could happen in the Bitcoin ecosystem and the crypto market in general:

1. Bitcoin Price Could Drop

With the decrease in demand, the price of Bitcoin could come under downward pressure as more people want to sell than buy.

A decrease in price could worsen market sentiment, which could drive more investors away.

2. Miner Activity Reduction

Bitcoin miners are incentivized by two sources: transaction fees and block rewards. When Bitcoin reaches its maximum, the block rewards will stop, and miners will rely solely on transaction fees.

If demand and usage of Bitcoin decrease, transaction fees could also decrease, making mining less profitable. This could cause some miners to stop operating.

and there are many more besides, I will discuss them later.

What do you think, friends?

I'm waiting for your comments or suggestions, to increase my insight into the crypto world.

thanks