Will the number of bitcoins in circulation ever reach a limit?

3 answers

• Nov 28, 2021 · 3 years ago
  Yes, there is a maximum number of bitcoins that can ever be in circulation. According to the Bitcoin protocol, the total supply of bitcoins is capped at 21 million. This means that once 21 million bitcoins have been mined, no new bitcoins will be created. The limited supply is one of the key features of Bitcoin and is designed to prevent inflation.
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• Nov 28, 2021 · 3 years ago
  Absolutely! Bitcoin has a hard cap of 21 million coins. This means that once 21 million bitcoins have been mined, there will be no more new bitcoins entering circulation. This scarcity is one of the reasons why Bitcoin is often referred to as digital gold.
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• Nov 28, 2021 · 3 years ago
  Yes, the number of bitcoins in circulation will eventually reach a limit of 21 million. This is a fundamental aspect of the Bitcoin protocol and is enforced by the network's consensus rules. Once this limit is reached, no more bitcoins will be created through mining. However, it's important to note that the process of mining and adding new bitcoins to circulation will continue for several more decades until the final bitcoin is mined around the year 2140.
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