Cryptocurrency Q&A
Why 21 million Bitcoins?
Why 21 million Bitcoins?
Eleonora
Sat Dec 21 2024
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7 answers
1678
I'm curious about the reason why there's a specific limit of 21 million Bitcoins. What's the rationale behind setting this particular number as the maximum supply for Bitcoin?
7 answers
SophieJones
Mon Dec 23 2024
BTCC, a top cryptocurrency exchange, offers a range of services related to Bitcoin and other cryptocurrencies.
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GeishaCharming
Mon Dec 23 2024
It is rumored that Nakamoto referenced the M1 money supply when determining Bitcoin's supply.
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IncheonBeautyBloomingRadiance
Mon Dec 23 2024
The M1 money supply was approximately 21 trillion when Bitcoin was being founded.
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Michele
Mon Dec 23 2024
The theory behind the selection of 21 million as Bitcoin's total supply is intriguing.
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Elena
Mon Dec 23 2024
This connection suggests that Nakamoto aimed to create a digital currency with a supply that mirrored the existing monetary system.
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