Cryptocurrency Q&A
Why can there only be 21 million bitcoins?
Why can there only be 21 million bitcoins?
Nicola
Thu Dec 05 2024
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6 answers
1189
I'm curious about the limited supply of bitcoins. Why is it that there can only be 21 million bitcoins in existence? What's the reason behind this specific cap?
6 answers
StarlitFantasy
Sat Dec 07 2024
The concept of Bitcoin emerged from a groundbreaking white paper that was released online in 2001.
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CryptoQueen
Sat Dec 07 2024
This white paper was authored by an enigmatic individual or collective known only by the pseudonym Satoshi Nakamoto.
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KDramaLegendaryStarlight
Fri Dec 06 2024
Nakamoto's primary motivation in creating Bitcoin was to address the issue of inflation.
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CryptoAce
Fri Dec 06 2024
To achieve this, Nakamoto incorporated a fundamental rule into Bitcoin's codebase.
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Sara
Fri Dec 06 2024
According to this rule, the total supply of Bitcoin is capped at 21 million coins.
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