What are the implications of the 21 million maximum supply for the future of digital currencies?

1 answers

• Feb 17, 2022 · 3 years ago
  At BYDFi, we recognize the implications of the 21 million maximum supply for the future of digital currencies. This limit ensures that digital currencies like Bitcoin will maintain their scarcity and value over time. It also provides a level of predictability and stability, as the supply cannot be manipulated by any central authority. While the limited supply may pose challenges for widespread adoption, it also offers a unique value proposition for those seeking a store of value or a hedge against inflation. As the digital currency ecosystem continues to evolve, the 21 million maximum supply will play a crucial role in shaping the future of cryptocurrencies.
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