-
Bitcoin $93,860.0735
2.75% - Ethereum
$1,794.7921
5.92% - Tether USDt
$1.0002
-0.03% - XRP
$2.2238
3.34% - BNB
$603.2209
-0.76% - Solana
$150.5897
4.78% - USDC
$0.9998
-0.02% - Dogecoin
$0.1793
4.32% - Cardano
$0.6990
6.73% - TRON
$0.2464
0.44% - Chainlink
$14.9208
8.00% - Sui
$2.9997
22.16% - Avalanche
$22.3453
3.45% - UNUS SED LEO
$9.0804
0.54% - Stellar
$0.2679
2.73% - Shiba Inu
$0.0...01353
2.55% - Toncoin
$3.1597
5.16% - Hedera
$0.1811
2.32% - Bitcoin Cash
$358.9505
0.65% - Polkadot
$4.0895
4.58% - Litecoin
$83.1434
0.34% - Hyperliquid
$18.2169
-3.14% - Dai
$1.0001
0.02% - Bitget Token
$4.5110
-0.12% - Ethena USDe
$0.9994
-0.02% - Pi
$0.6652
4.06% - Monero
$227.2786
2.24% - Uniswap
$6.0072
6.89% - Pepe
$0.0...08857
5.36% - Aptos
$5.3625
4.56%
Is Bitcoin limited?
Bitcoin's limited supply, capped at 21 million coins by its creator, Satoshi Nakamoto, aims to prevent inflation, enhance scarcity, and uphold network decentralization.
Sep 27, 2024 at 05:06 pm
Is Bitcoin Limited?
Yes, Bitcoin is a limited resource, with a maximum supply of 21 million coins. This limit was set by the protocol's creator, Satoshi Nakamoto, and is hard-coded into the Bitcoin software.
1. Why is Bitcoin Limited?
There are several reasons why Bitcoin is limited:
- To prevent inflation: Limiting the supply of Bitcoin helps to prevent its value from being diluted by the creation of new coins.
- To increase scarcity: As Bitcoin becomes more scarce, its value is likely to increase, making it a more desirable investment.
- To maintain decentralization: Limiting the supply of Bitcoin helps to prevent any one entity from accumulating too much power over the network.
2. How is Bitcoin's Supply Limited?
Bitcoin's supply is limited through a process called "halving." Every four years, the number of Bitcoins rewarded to miners for verifying transactions is halved. This process will continue until all 21 million Bitcoins have been mined, which is expected to happen around the year 2140.
3. Implications of Bitcoin's Limited Supply
Bitcoin's limited supply has several implications:
- It limits the potential for inflation: Bitcoin's limited supply makes it unlikely that it will experience significant inflation in the future.
- It increases the potential for appreciation: As Bitcoin becomes more scarce, its value is likely to increase.
- It encourages adoption as a store of value: The limited supply of Bitcoin makes it attractive as a long-term investment, as it is not subject to the same risks of inflation and depreciation as fiat currencies.
Conclusion
Bitcoin is a limited resource, with a maximum supply of 21 million coins. This limit is designed to prevent inflation, increase scarcity, and maintain decentralization. As Bitcoin's supply diminishes, its value is likely to appreciate, making it an attractive investment for those seeking to preserve wealth.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Is Now the Time to Bet $1,000 on AAVE? Here's What the Charts Say
- 2025-04-24 05:05:13
- When Real On-Chain Progress Meets Price Momentum, the Story Changes Fast
- 2025-04-24 05:05:13
- Bitcoin Reaches $94K, Its Highest Level in Nearly Two Months
- 2025-04-24 05:00:12
- Crypto AI agents coins are gaining fresh momentum as the sector shows signs of recovery.
- 2025-04-24 05:00:12
- Introducing SUBBD — the Revolutionary AI-Powered Platform That Blends the Creator Economy with Artificial Intelligence
- 2025-04-24 04:55:12
- "Get $TRUMP. Have Dinner with President TRUMP!" suggests a promotional message posted on the official website of the cryptocurrency named after the US president.
- 2025-04-24 04:55:12
Related knowledge
How to buy and sell Bitcoin using a P2P platform?
Apr 18,2025 at 05:57pm
Buying and selling Bitcoin using a P2P (peer-to-peer) platform can be an efficient way to trade cryptocurrencies directly with other individuals. This method offers flexibility, often lower fees, and the ability to use various payment methods. In this article, we will walk through the process of buying and selling Bitcoin on a P2P platform, ensuring you...
How to avoid high transaction fees in Bitcoin trading?
Apr 18,2025 at 12:14am
How to Avoid High Transaction Fees in Bitcoin Trading? Bitcoin trading can be exciting, but high transaction fees can quickly erode your profits. Understanding how to minimize these fees is crucial for any trader looking to maximize their returns. In this article, we will explore various strategies and techniques to help you avoid high transaction fees ...
How to see the depth chart of Bitcoin trading?
Apr 17,2025 at 08:36am
Understanding the depth chart of Bitcoin trading is crucial for any serious cryptocurrency trader. The depth chart provides a visual representation of the supply and demand for Bitcoin at various price levels, helping traders make informed decisions about when to buy or sell. In this article, we will guide you through the process of accessing and interp...
How to buy Bitcoin with local currency?
Apr 18,2025 at 01:22am
Buying Bitcoin with local currency is a straightforward process that allows you to enter the world of cryptocurrencies using your familiar fiat money. Whether you are a beginner or an experienced investor, understanding the steps to acquire Bitcoin with your local currency can help you make informed decisions and manage your investments effectively. In ...
What is the Lightning Network in Bitcoin trading?
Apr 19,2025 at 02:35am
The Lightning Network is a second-layer scaling solution designed to enhance the speed and efficiency of Bitcoin transactions. It operates as an off-chain network that allows users to conduct multiple transactions without the need to settle each one individually on the Bitcoin blockchain. This significantly reduces transaction fees and speeds up the pro...
How to buy and sell Bitcoin on a decentralized exchange (DEX)?
Apr 18,2025 at 02:42am
Buying and selling Bitcoin on a decentralized exchange (DEX) offers a different experience compared to traditional centralized exchanges. DEXs provide more privacy and control over your funds, as they allow you to trade directly with other users without an intermediary. This guide will walk you through the process of buying and selling Bitcoin on a DEX,...
How to buy and sell Bitcoin using a P2P platform?
Apr 18,2025 at 05:57pm
Buying and selling Bitcoin using a P2P (peer-to-peer) platform can be an efficient way to trade cryptocurrencies directly with other individuals. This method offers flexibility, often lower fees, and the ability to use various payment methods. In this article, we will walk through the process of buying and selling Bitcoin on a P2P platform, ensuring you...
How to avoid high transaction fees in Bitcoin trading?
Apr 18,2025 at 12:14am
How to Avoid High Transaction Fees in Bitcoin Trading? Bitcoin trading can be exciting, but high transaction fees can quickly erode your profits. Understanding how to minimize these fees is crucial for any trader looking to maximize their returns. In this article, we will explore various strategies and techniques to help you avoid high transaction fees ...
How to see the depth chart of Bitcoin trading?
Apr 17,2025 at 08:36am
Understanding the depth chart of Bitcoin trading is crucial for any serious cryptocurrency trader. The depth chart provides a visual representation of the supply and demand for Bitcoin at various price levels, helping traders make informed decisions about when to buy or sell. In this article, we will guide you through the process of accessing and interp...
How to buy Bitcoin with local currency?
Apr 18,2025 at 01:22am
Buying Bitcoin with local currency is a straightforward process that allows you to enter the world of cryptocurrencies using your familiar fiat money. Whether you are a beginner or an experienced investor, understanding the steps to acquire Bitcoin with your local currency can help you make informed decisions and manage your investments effectively. In ...
What is the Lightning Network in Bitcoin trading?
Apr 19,2025 at 02:35am
The Lightning Network is a second-layer scaling solution designed to enhance the speed and efficiency of Bitcoin transactions. It operates as an off-chain network that allows users to conduct multiple transactions without the need to settle each one individually on the Bitcoin blockchain. This significantly reduces transaction fees and speeds up the pro...
How to buy and sell Bitcoin on a decentralized exchange (DEX)?
Apr 18,2025 at 02:42am
Buying and selling Bitcoin on a decentralized exchange (DEX) offers a different experience compared to traditional centralized exchanges. DEXs provide more privacy and control over your funds, as they allow you to trade directly with other users without an intermediary. This guide will walk you through the process of buying and selling Bitcoin on a DEX,...
See all articles
