What is the maximum supply of bitcoins?

3 answers

• Riyaz MohammedJul 11, 2021 · 4 years ago
  The maximum supply of bitcoins refers to the total number of bitcoins that will ever exist. It is set at 21 million bitcoins. This limit was put in place by the creator of bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. As the demand for bitcoins increases, the limited supply can potentially drive up the value of each bitcoin. This scarcity is one of the factors that make bitcoin attractive to investors and has contributed to its price appreciation over time.
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• JameelSep 12, 2023 · 2 years ago
  The maximum supply of bitcoins is a key feature of the cryptocurrency. It ensures that there will never be more than 21 million bitcoins in circulation. This limited supply is different from traditional fiat currencies, which can be printed or created by central banks. The fixed supply of bitcoins is designed to create scarcity and maintain the value of the cryptocurrency. As more people adopt bitcoin and the demand increases, the limited supply can potentially drive up the price. It's important to note that bitcoins are divisible, so even though there are only 21 million bitcoins, each bitcoin can be divided into smaller units called satoshis.
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• krishna kant sharmaJul 24, 2022 · 3 years ago
  The maximum supply of bitcoins is set at 21 million. This limit was established in the original bitcoin protocol and cannot be changed without consensus from the bitcoin community. Currently, there are around 18.5 million bitcoins in circulation, and the remaining bitcoins will be gradually mined over time until the maximum supply is reached. The limited supply of bitcoins is one of the factors that contribute to its value and has made it a popular investment asset. It's worth noting that other cryptocurrencies may have different maximum supplies, so it's important to research and understand the specifics of each cryptocurrency before investing.
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