Martina
Mon Jul 15 2024
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5 answers
1422
Is bitcoin's 21 million supply limit a mathematical coincidence?
Could you elaborate on whether the 21 million supply limit of Bitcoin is simply a mathematical coincidence or a strategic decision? This cap is a fundamental aspect of Bitcoin's economic design, but is it just a mathematical outcome, or was it deliberately chosen to ensure scarcity and promote stability in the cryptocurrency? Understanding the reasoning behind this decision could help investors make more informed decisions in the crypto market. Please discuss the implications and possible motivations behind this limit.
