I was wondering if Bitcoin is actually finite. I've heard that there's a limited number of Bitcoins that can be mined, but I'm not sure if that's true. Can someone confirm if Bitcoin is really finite?
Once the Bitcoin supply reaches its upper limit, no additional bitcoins will be generated. This creates a fixed supply of Bitcoins, which many investors view as a positive attribute.
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FedericoTue Dec 24 2024
Bitcoin has a predetermined maximum total supply of 21 million coins.
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BiancaTue Dec 24 2024
This cap is a fundamental aspect of Bitcoin's design, intended to create a scarce digital asset.
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DigitalDynastyGuardTue Dec 24 2024
Due to the use of rounding operators within the Bitcoin codebase, it is unlikely that the total number of Bitcoins issued will ever actually reach 21 million.
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ElenaTue Dec 24 2024
These rounding operators are a technical feature of the Bitcoin protocol that ensure the smooth operation of the network.