Did you know that there can only ever be 21 million bitcoins worldwide? It is impossible to even exceed that number by 1 unit. Just like any other digital asset, Bitcoin has a finite supply, but does it really need to be exactly 21 million Bitcoins?
According to an email supposedly shared between Satoshi and Bitcoin Core contributor Mike Hearn, Satoshi says, "I wanted to pick something that would make prices similar to existing currencies." Would that be the reason behind limiting Bitcoin's supply to match the total global money supply?
In this video, let's discover some interesting theories that prove the reason behind the limit of 21 million Bitcoins.
Links:
Bitcoin: [ Ссылка ]
CoinGecko: [ Ссылка ]
GeckoTerminal: [ Ссылка ]
Timestamps:
00:00 Intro
00:27 Theory 1: Money Supply Replacement Theory
02:08 Theory 2: Mathematics behind 21 million
02:27 Rule 1: The 10-minutes block time
03:05 Rule 2: Halving Sequence
03:46 Outro
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