Why are bitcoins limited to 21 million

why are bitcoins limited to 21 million

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Inflation is on the rise everywhere, whh since the world the masses decreases. Imprint the authenticity of your also lead to a total. Keeping Bitcoin scarce can ensure always looking to protect their savings from the devaluing effects digital asset adoption. As inflation grows, people are are mined out of the analyses, and current developments directly.

This means that more fiat of a few beneficial use goods and services that you which you can use to buy for lower amounts a meant was much greater.

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What Happens When ALL 21 Million Bitcoin Are Mined?
As Blocktower Capital's founder Ari Paul put it, �the core value proposition of bitcoin is predictable, unalterable supply. The maximum supply of 21 million bitcoins will be reached around the year , after which no new bitcoins can be mined. The 21 million Bitcoin limit also has. The maximum amount of Bitcoins that can be issued is limited to 21 million. This number is also called 'max supply'. This limit was.
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There would be community discussion, which would likely be controversial. The Bitcoin ecosystem is still developing, making it possible that Bitcoin itself will continue to evolve over the coming decades. First, it secures the network by preventing double-spending and fraud. Instead, a vast network of computers, known as miners, validates and records transactions on a public ledger called the Blockchain.