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Are there a limited number of bitcoins available?

avatarJin Young KimJan 03, 2023 · 2 years ago3 answers

Is there a maximum supply of bitcoins that can be created?

Are there a limited number of bitcoins available?
Bitcoin
Cryptocurrency
Supply

3 answers

  • avatarMuhammad Rifqi NabilMay 20, 2023 · 2 years ago
    Yes, there is a limited number of bitcoins that can ever be created. The maximum supply of bitcoins is 21 million. This limit is built into the Bitcoin protocol and cannot be changed. As more bitcoins are mined, the rate at which new bitcoins are created decreases over time. This scarcity is one of the factors that contribute to the value of bitcoins.
  • avatarJennifer StrubleAug 26, 2020 · 5 years ago
    Absolutely! There will only ever be 21 million bitcoins in existence. This limited supply is one of the reasons why bitcoin is often referred to as digital gold. Just like gold, the scarcity of bitcoins makes them valuable and sought after by investors.
  • avatarpardha saradhiFeb 15, 2024 · a year ago
    Yes, there is a limited supply of bitcoins. The total number of bitcoins that will ever be created is fixed at 21 million. This ensures that bitcoins cannot be inflated or devalued by creating more of them. The limited supply is one of the key features that make bitcoin a unique and valuable asset.

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