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is there a limited number of bitcoins

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  • How many bitcoins will ever be there?

  • There will never be more than 21 million bitcoin. This limit, known as the hard cap, is encoded in Bitcoin鈥檚 source code and enforced by nodes on the network. Bitcoin鈥檚 hard cap is central to its value proposition, both as a money and an investment.

  • Why is there a 21 million bitcoin limit?

  • One explanation for the 21 million Bitcoin limit is the money supply replacement theory. An alternative suggestion is that the limit could be mathematically extrapolated from Bitcoin’s operating parameters. Like many other cryptocurrencies, Bitcoin (BTC) was designed around the principle of a finite supply.

  • Why is the supply of bitcoin so limited?

  • People know the supply of Bitcoin is limited, but do they know why this is the case? Most think the limited supply is due to an approach from Satoshi Nakamoto to create an electronic cash that鈥攐ther than the current fiat money system鈥攃annot be inflated and therefore serves as deflationary 鈥渉ard money鈥? However, there are other reasons to consider.

  • Is the total number of blocks in a bitcoin transaction unlimited?

  • However, it seems that the total number of block is unlimited, or the transaction will be stopped. I don’t know where I was wrong? Show activity on this post. The limitation in the number of bitcoins is by design and determined in the protocol code.