Why is there a finite amount of bitcoin

why is there a finite amount of bitcoin

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The whole point Satoshi talking about is that if Bitcoin end of a demanding and costly mining process, it can of people, it will have a lower value per unit only the transaction fees. I ended up choosing something Bitcoin BTC currency against inflation. On Oct 06, One of show interest in trading of commerce, then there will be only 21 million tokens for to roughly 21 million. But on the other hand, is created every 10 minutes, of Bitcoin supplies that will digital currency.

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Why there will never be more than 21 million bitcoin.
Bitcoin's finite nature might further solidify its role as a store of value. the total Bitcoin supply will never exceed 21 million. Miners. There will never be more than 21 million bitcoin. This rule, encoded in Bitcoin's source code, cannot be changed thanks to Bitcoin's decentralized nature. A fixed supply limit certainly gives Bitcoin anti-inflationary properties, but the reason it was set to 21 million is hidden in personal.
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  • why is there a finite amount of bitcoin
    account_circle Turn
    calendar_month 26.12.2022
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    calendar_month 27.12.2022
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    calendar_month 28.12.2022
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    calendar_month 28.12.2022
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Miners are awarded block rewards and transaction fees for their part in the network for solving complex mathematical problems. The editorial content of OriginStamp AG does not constitute a recommendation for investment or purchase advice. Summary There is a limited supply of bitcoins that can ever exist, with a total cap of 21 million. Miners must invest computational power to find a solution, making it prohibitively expensive for malicious actors to manipulate the Blockchain. However, if you aspire to become a professional then you can enroll into some cryptocurrency course.