Cryptocurrency Q&A How are there only 21 million bitcoins?

How are there only 21 million bitcoins?

Margherita Margherita Mon Dec 02 2024 | 7 answers 1444
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 number? How are there only 21 million bitcoins?

7 answers

Tommaso Tommaso Wed Dec 04 2024
Satoshi Nakamoto set a definitive limit for Bitcoin's supply.

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Daniela Daniela Wed Dec 04 2024
This limit is encoded in Bitcoin's source code.

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CryptoLegend CryptoLegend Tue Dec 03 2024
Due to its software nature, Bitcoin operates on a strict protocol.

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HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Tue Dec 03 2024
BTCC is a prominent cryptocurrency exchange offering various services.

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Alessandra Alessandra Tue Dec 03 2024
Bitcoin employs a process known as 'halving' to control its supply.

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