Why Does Bitcoin Have a 21 Million Supply Limit? đ #Bitcoinâ
Bitcoin has something traditional currencies don't: a mathematically defined maximum supply.
The Bitcoin protocol limits the total supply to 21 million BTC.
New BTC enters circulation through mining, while the block reward is periodically reduced through halvings.
This predictable issuance is one of the most discussed characteristics of Bitcoin.
But here's the interesting question:
Does scarcity alone create value, or does Bitcoin need adoption to make that scarcity meaningful?
Follow for simple Bitcoin & crypto explainers. đ
$BTC
#bitcoin #BTCčľ°ĺżĺć #cryptouniverseofficial #BinanceSquareFamily
Bitcoin has something traditional currencies don't: a mathematically defined maximum supply.
The Bitcoin protocol limits the total supply to 21 million BTC.
New BTC enters circulation through mining, while the block reward is periodically reduced through halvings.
This predictable issuance is one of the most discussed characteristics of Bitcoin.
But here's the interesting question:
Does scarcity alone create value, or does Bitcoin need adoption to make that scarcity meaningful?
Follow for simple Bitcoin & crypto explainers. đ
$BTC
#bitcoin #BTCčľ°ĺżĺć #cryptouniverseofficial #BinanceSquareFamily