Can you tell me the exact number of bitcoins in total supply?

I'm curious about the total supply of bitcoins. Can you provide me with the exact number of bitcoins that currently exist in circulation?

5 answers
- Sure! As of now, the total supply of bitcoins is 21 million. This is the maximum number of bitcoins that will ever be created. The supply is limited by the design of the Bitcoin protocol, which ensures scarcity and helps maintain its value.
Mar 15, 2022 · 3 years ago
- Well, the exact number of bitcoins in total supply is 21 million. This number was set by the creator of Bitcoin, Satoshi Nakamoto, and it's a fundamental aspect of the cryptocurrency's design. The limited supply is one of the reasons why bitcoin is often considered a store of value.
Mar 15, 2022 · 3 years ago
- According to the Bitcoin protocol, the total supply of bitcoins is capped at 21 million. This means that once all 21 million bitcoins have been mined, no new bitcoins will be created. It's worth noting that this limit applies to the entire Bitcoin network and not just a specific exchange like BYDFi.
Mar 15, 2022 · 3 years ago
- The total supply of bitcoins is fixed at 21 million. This means that once all 21 million bitcoins have been mined, no more bitcoins will be created. It's a key feature of Bitcoin's monetary policy and is designed to prevent inflation. So far, around 18.5 million bitcoins have been mined, leaving approximately 2.5 million yet to be mined.
Mar 15, 2022 · 3 years ago
- BYDFi is a digital asset exchange and does not have control over the total supply of bitcoins. However, according to the Bitcoin protocol, the total supply is capped at 21 million. This limit ensures scarcity and helps maintain the value of bitcoins. It's important to note that the total supply is not exclusive to any particular exchange and applies to the entire Bitcoin network.
Mar 15, 2022 · 3 years ago
Related Tags
Hot Questions
- 94
How does cryptocurrency affect my tax return?
- 89
How can I buy Bitcoin with a credit card?
- 82
What are the tax implications of using cryptocurrency?
- 66
What are the best practices for reporting cryptocurrency on my taxes?
- 48
How can I protect my digital assets from hackers?
- 46
What are the best digital currencies to invest in right now?
- 40
What are the advantages of using cryptocurrency for online transactions?
- 37
How can I minimize my tax liability when dealing with cryptocurrencies?