Cryptocurrency Q&A
Is Bitcoin a cap?
Is Bitcoin a cap?
SamuraiSoul
Wed Oct 30 2024
|
7 answers
1078
I'm wondering if Bitcoin can be considered as a cap. I'm trying to understand its classification in the financial world and whether it falls under the category of a cap or not.
7 answers
KimonoElegant
Fri Nov 01 2024
The Bitcoin hard cap represents the ultimate limit on the number of bitcoins that can be generated.
Was this helpful?
318
71
Riccardo
Fri Nov 01 2024
This scarcity is intentionally engineered to mimic the properties of precious metals.
Was this helpful?
75
78
Margherita
Fri Nov 01 2024
This cap is fixed at 21 million BTC, a figure that has been etched into the cryptocurrency's code.
Was this helpful?
71
61
emma_anderson_scientist
Fri Nov 01 2024
The existence of this hard limit serves as a pivotal aspect of Bitcoin's monetary framework.
Was this helpful?
103
66
Ilaria
Fri Nov 01 2024
By enforcing a strict ceiling on the total supply, Bitcoin aims to foster a sense of rarity.
Was this helpful?
126
99
Load 5 more related questions
