I also think like that, what if bitcoin has run out in the mines, are there no more miners, but after I thought again, surely Satoshi Nakamoto designed bitcoin in such a way that this crypto will always go according to circumstances.
Oh, we meet again. Spamming, even more, are we? Vomiting out more mess over the forum? You make me sick. You have no self-respect and honestly, are you proud of yourself? You don't deserve to be paid for a single one of your posts.
Posting without thinking again.... Yes he designed the crypto so it would always work, you don't need bitcoins to mine when there are 21 million bitcoins (minus burnt ones) in circulation in transactions all the time. Plenty to go around.
You don't mine Bitcoin, you mine blocks, and you receive a reward from a diminishing pool. There are three incentives for miners in my opinion, the award from the diminishing pool, the transaction fees, and the convenience of transaction handling. Bitcoin is not really efficient for small daily transaction, and this has resulted in the rise of side chains and ATMs. The owners of these services could well become miners to gain a bit of control of their transactions. Transfers between large investment houses need to be performed away from the exchanges, and this could be an incentive for such houses to start mining. Similar considerations apply when countries start to pay for tanker loads of oil with Bitcoin. It already happens with gold, and Bitcoin is a natural alternative. All of these may be handled by private mining investment houses.
Will Bitcoin become quiescent? Well it depends on your interpretation of Bitcoin. Will it become dormant? My belief is that it will continue to grow in importance. Will it become quiet? The answer to this is almost certainly yes. You just need to look at the old British Empire to realise how it will happen. Most people believe that the British Empire is no longer in existence, but the truth is far more disturbing. The wealth was transferred into pyramids of holding companies in offshore tax havens. This is often referred to as the "veil of tiers", and central banks were invented to allow the old dynasties to purchase most of the world assets through QE, and other mechanisms. It still exists as an Anglosphere empire, and you only need to look at the Brexit manipulation to realise this. Never underestimate their creativity, and some people believe that Bitcoin is their creation. We know that they are building great wealth through Bitcoin, but we don't know how they will be using this. If they create their own mining factories, and restrict transaction address acceptance to known associates, then non-elites will have to rely on a few independent miners, or pay high fees to be accepted by the investment miners.
I agree with you that bitcoin is not as suited as it could be for daily transactions but that is ok since we can just use it for bigger purchases and leave the small stuff like a cup of coffee to lite coin or doge XMR or whatever you prefer. For me, bitcoin does it's job and it does it well. Why do say mining gives you control of your own transactions? You don't choose which transactions to mine. Or do you mean you know that there will always be mining support for the transactions since you are contributing to the mining yourself? Gold is an ancient asset I don't see how bitcoin can be compared since it is a currency and gold was replaces long ago as a medium of trade. I don't understand your second paragraph it's beyond me so no comment this time. xP