I'm curious about the longevity of Bitcoin. With all the fluctuations and uncertainties in the cryptocurrency market, I'm wondering if
Bitcoin will be able to stand the test of time and continue to exist in the long run.
6
answers
SkylitEnchantment
Fri Dec 20 2024
Despite this cap, it is highly unlikely that the total number of Bitcoins issued will ever actually reach 21 million.
lucas_clark_artist
Fri Dec 20 2024
This is due to the use of rounding operators within the Bitcoin codebase, which can result in small fractions of Bitcoin being created but not counted towards the total supply.
BlockchainWizard
Fri Dec 20 2024
The most important point to note is that
Bitcoin has a maximum total supply cap of 21 million coins.
DigitalDynastyQueen
Fri Dec 20 2024
As a result, the actual number of Bitcoins in circulation will likely be slightly less than 21 million.
TaekwondoMasterStrengthHonorGlory
Fri Dec 20 2024
This figure is hardcoded into the Bitcoin protocol and serves as a key aspect of the cryptocurrency's design.