Cryptocurrency Q&A
What is the max supply of Bitcoin that will ever exist?
What is the max supply of Bitcoin that will ever exist?
KimonoElegance
Thu Nov 07 2024
|
7 answers
1212
I want to know the maximum amount of Bitcoin that can ever be produced or exist in total. I'm curious about the upper limit or cap on the supply of Bitcoin.
7 answers
Leonardo
Sat Nov 09 2024
The capped supply acts as a natural deflationary force, potentially increasing the purchasing power of each Bitcoin over time.
Was this helpful?
359
20
DongdaemunTrendsetting
Sat Nov 09 2024
Unlike conventional monetary systems, which often have an unlimited supply, Bitcoin operates under a different principle.
Was this helpful?
42
31
Elena
Sat Nov 09 2024
The total number of Bitcoins that can ever exist is permanently fixed at 21 million coins.
Was this helpful?
228
88
SakuraBloom
Sat Nov 09 2024
This limitation was intentionally designed and encoded into Bitcoin's protocol by its creator, Satoshi Nakamoto.
Was this helpful?
68
97
CharmedSun
Sat Nov 09 2024
It serves as a fundamental aspect of Bitcoin's economic model, ensuring scarcity and promoting value.
Was this helpful?
329
66
Load 5 more related questions
