Cryptocurrency Q&A Why 21 million Bitcoin?

Why 21 million Bitcoin?

KDramaCharm KDramaCharm Wed Jan 01 2025 | 5 answers 1193
I've heard that there will only be 21 million Bitcoin in total. I'm curious about the reason behind this specific number. Why did Satoshi Nakamoto, the creator of Bitcoin, choose 21 million as the limit? Why 21 million Bitcoin?

5 answers

IncheonBeautyBloom IncheonBeautyBloom Fri Jan 03 2025
Bitcoin originated from an innovative concept detailed in a white paper that was released online in the year 2001.

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KiteFlyer KiteFlyer Fri Jan 03 2025
This groundbreaking idea was presented by an anonymous individual or collective that went by the pseudonym Satoshi Nakamoto.

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Tommaso Tommaso Fri Jan 03 2025
Nakamoto's primary objective in creating Bitcoin was to devise a digital currency that could counteract inflation.

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Giuseppe Giuseppe Fri Jan 03 2025
To achieve this, Nakamoto incorporated a specific limit into the bitcoin codebase. This limit stipulates that the total number of bitcoins that can ever exist will not exceed 21 million.

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AzrilTaufani AzrilTaufani Thu Jan 02 2025
BTCC is a prominent cryptocurrency exchange platform that offers a diverse range of services.

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