What is the current cap limit for Bitcoin?
manasveer6Dec 19, 2021 · 3 years ago3 answers
Can you please provide me with the current cap limit for Bitcoin? I'm curious to know the maximum number of Bitcoins that can ever exist.
3 answers
- Dec 19, 2021 · 3 years agoThe current cap limit for Bitcoin is 21 million coins. This means that there will never be more than 21 million Bitcoins in existence. This cap limit is built into the Bitcoin protocol and cannot be changed. It is designed to create scarcity and prevent inflation.
- Dec 19, 2021 · 3 years agoAs of now, the cap limit for Bitcoin is set at 21 million coins. This means that once 21 million Bitcoins have been mined, no more can be created. This cap limit ensures that Bitcoin remains a deflationary currency, as the supply is limited and cannot be increased beyond the cap limit.
- Dec 19, 2021 · 3 years agoAccording to the Bitcoin protocol, the current cap limit for Bitcoin is 21 million coins. This cap limit was established by the creator of Bitcoin, Satoshi Nakamoto, and is a fundamental aspect of the cryptocurrency. Once all 21 million Bitcoins have been mined, no more can be created, ensuring scarcity and value for the digital asset.
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