đĄ Why does Bitcoin have a limited supply?
Bitcoin ($BTC) was designed with a maximum supply of 21 million BTC.
Unlike traditional currencies, where supply can be increased by central banks, Bitcoin's issuance is controlled by its protocol.
Every few years, the amount of new BTC created through mining is reduced through an event known as the halving.
đ Simple takeaway:
Bitcoin's fixed maximum supply is one of the main characteristics that makes it different from many traditional currencies.
What do you think makes Bitcoin interesting: its limited supply, decentralization, or blockchain technology? đ
#Bitcoin #BTC #Crypto #BinanceSquare #Web3
Bitcoin ($BTC) was designed with a maximum supply of 21 million BTC.
Unlike traditional currencies, where supply can be increased by central banks, Bitcoin's issuance is controlled by its protocol.
Every few years, the amount of new BTC created through mining is reduced through an event known as the halving.
đ Simple takeaway:
Bitcoin's fixed maximum supply is one of the main characteristics that makes it different from many traditional currencies.
What do you think makes Bitcoin interesting: its limited supply, decentralization, or blockchain technology? đ
#Bitcoin #BTC #Crypto #BinanceSquare #Web3