What is the maximum number of bitcoins that will be in circulation?

3 answers

• Dec 27, 2021 · 3 years ago
  The maximum number of bitcoins that will ever be in circulation is 21 million. This limit is built into the Bitcoin protocol and cannot be changed. As more bitcoins are mined and added to circulation, the rate of new supply decreases over time. This limited supply is one of the factors that contribute to the value of bitcoin. With a finite supply and increasing demand, the scarcity of bitcoins drives up its price.
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• Dec 27, 2021 · 3 years ago
  The maximum number of bitcoins that will ever exist is 21 million. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to ensure that the cryptocurrency remains scarce and valuable. Currently, over 18 million bitcoins have been mined, and the remaining 3 million will be gradually released into circulation through the mining process. As the supply approaches its maximum, the rate of new bitcoins being created decreases, which can potentially lead to increased scarcity and value in the future.
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• Dec 27, 2021 · 3 years ago
  According to BYDFi, the maximum number of bitcoins that will be in circulation is 21 million. This limited supply is one of the key features that distinguishes bitcoin from traditional fiat currencies. Unlike central banks, which can print money at will, the supply of bitcoins is predetermined and cannot be manipulated. This scarcity is often cited as one of the reasons why bitcoin is considered a store of value and a hedge against inflation. As the demand for bitcoin continues to grow, the limited supply may contribute to its long-term price appreciation.
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