Too much FUD. Bitcoin can't die, it has too many users and too much money is already invested in mining operations. THe supply doesn't matter because bitcoin can be broken down into smaller units.
I prefer term "rational brain" to "FUD", but Im ok with Your version too. If supply doesnt matter, then it means, BTC is overkilled in ridiculous extent.
BTC can certainly die. Lost money is not important, just as soon as "greater fool pool" runs empty, BTC dies. You wont be able to earn Your money back by any other means, than people buying Your coins at higher rate, than You had them.
There it goes. The answer to your question.
Think 1 step forward and not 1 step backwards.
Look when all is said and done. Transactions will be way too high in numbers but not in amount paid for fees.
There will be a lot of transactions going on and that means more payment coming in, also in a fast pace.
With that there is still profit in it.
If you do not believe bitcoin will be much used in the future then you will not really see it.
Reid, You dont understand the problem behind it. Is mining essential for blockchain technology, or not? If You cut away mining reward and leave only reward for transaction, one of these has to be true:
1) mining is not needed even closely in such amount as now. But if few computers can do all necessary validation, we would not have decentralization, right?
2) mining in such amount is essential, but there is no point to mine, because energy consumption remains the same, but rewards vanish.
