Cryptocurrency Q&A
Is Bitcoin number fixed?
Is Bitcoin number fixed?
KimonoElegance
Wed Dec 18 2024
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7
answers
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I'm curious about Bitcoin. I've heard that there's a limited supply of it, but I'm not sure if that means the number of Bitcoins is fixed or if it can still increase. Can someone clarify if the number of Bitcoins is fixed?
7 answers
CryptoWizard
Fri Dec 20 2024
Bitcoin has a predefined limit on its total supply.
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Sara
Fri Dec 20 2024
This cap is set at 21 million coins.
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SarahWilliams
Fri Dec 20 2024
The creators of Bitcoin intentionally implemented this scarcity.
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Silvia
Fri Dec 20 2024
The purpose of this scarcity is to mimic the rarity of precious metals.
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CryptoNinja
Thu Dec 19 2024
Gold, for instance, is also scarce and valued accordingly.
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