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What is the maximum supply of BTC?

avatarHeliosDec 25, 2021 · 3 years ago3 answers

Can you please explain what is the maximum supply of Bitcoin (BTC)? How does it affect the value and future of Bitcoin?

What is the maximum supply of BTC?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The maximum supply of Bitcoin (BTC) is 21 million coins. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. As the supply of Bitcoin is limited, it creates a sense of value and scarcity, which can potentially drive up the price. Additionally, the limited supply also means that Bitcoin can be a hedge against traditional fiat currencies, which are subject to inflation and government manipulation.
  • avatarDec 25, 2021 · 3 years ago
    Bitcoin's maximum supply is 21 million coins. This means that there will never be more than 21 million Bitcoins in existence. The limited supply is one of the factors that contribute to Bitcoin's value. As the demand for Bitcoin increases, and the supply remains fixed, the price of Bitcoin can increase. This scarcity also makes Bitcoin a store of value, similar to gold.
  • avatarDec 25, 2021 · 3 years ago
    The maximum supply of Bitcoin is 21 million coins. This limit ensures that Bitcoin remains a deflationary currency, meaning that its value is expected to increase over time. As more people adopt Bitcoin and the demand increases, the limited supply can drive up the price. It's important to note that the maximum supply will not be reached until the year 2140, as new Bitcoins are created through a process called mining. Once the maximum supply is reached, no new Bitcoins will be created.