What is the maximum number of bitcoins that can ever exist?

3 answers

• StonkiewonkieMay 30, 2022 · 3 years ago
  The maximum number of bitcoins that can ever exist is 21 million. This limit is hardcoded into the Bitcoin protocol and cannot be changed. Currently, there are around 18.5 million bitcoins in circulation, and the remaining bitcoins will be gradually mined over time. This limited supply is one of the key factors that contribute to the value of Bitcoin. As the demand for Bitcoin increases, and the supply becomes scarcer, the price tends to rise. It also ensures that Bitcoin remains a deflationary currency, unlike fiat currencies that can be printed endlessly.
  563

  282
• Dilshad OmarOct 28, 2024 · a year ago
  Ah, the maximum number of bitcoins! It's like a treasure hunt with a fixed number of treasures. In this case, the treasures are bitcoins, and there can only be 21 million of them. So far, around 18.5 million bitcoins have been found, and the rest are waiting to be discovered by miners. This limited supply is what makes Bitcoin so valuable. As more people want to get their hands on bitcoins, the price goes up. It's like trying to find a rare gem in a sea of rocks. So, if you're lucky enough to have some bitcoins, hold on tight because they might become even more valuable in the future!
  591

  197
• Mateus LucasSep 25, 2023 · 2 years ago
  The maximum number of bitcoins that can ever exist is 21 million. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, to ensure scarcity and prevent inflation. It's a clever way to create digital gold. Currently, there are around 18.5 million bitcoins in circulation, and the remaining bitcoins will be gradually mined over time. Once all 21 million bitcoins are mined, no more new bitcoins will be created. This limited supply is one of the reasons why Bitcoin is often compared to gold. It's a finite resource that cannot be replicated or inflated. So, if you're looking for a digital store of value, Bitcoin might be the answer.
  643

  161