Will there be a limit to the number of bitcoins created?

3 answers

• Dec 27, 2021 · 3 years ago
  Yes, there is a limit to the number of bitcoins that can be created. The total supply of bitcoins is capped at 21 million. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. As of now, around 18.5 million bitcoins have been mined, and the remaining bitcoins will be gradually released through the mining process until the cap is reached. Once the cap is reached, no new bitcoins will be created.
  450225
• Dec 27, 2021 · 3 years ago
  Absolutely! The number of bitcoins that can be created is limited to 21 million. This limit was put in place to maintain the value and scarcity of bitcoins. It's a fundamental aspect of the Bitcoin protocol and ensures that there won't be an infinite supply of bitcoins flooding the market. So, rest assured, there won't be an endless stream of new bitcoins popping up.
  369123
• Dec 27, 2021 · 3 years ago
  Yes, there is a limit to the number of bitcoins that can be created. The maximum supply of bitcoins is set at 21 million, and this limit is hardcoded into the Bitcoin protocol. This means that no matter how much demand there is for bitcoins, the total supply will never exceed 21 million. This scarcity is one of the reasons why bitcoins are considered valuable. Once all 21 million bitcoins have been mined, no new bitcoins will be created, and miners will be rewarded with transaction fees instead.
  500125