Are there any limits on the total number of bitcoins that can be created?

3 answers

• Mr Sacha BonaventDec 23, 2020 · 5 years ago
  Yes, there is a limit on the total number of bitcoins that can be created. The maximum supply of bitcoins is set at 21 million. This limit is built into the Bitcoin protocol and cannot be changed. As of now, around 18.5 million bitcoins have already been mined, and the remaining 2.5 million will be gradually mined over time. This limited supply is one of the factors that contribute to the scarcity and value of bitcoin.
  422

  211
• Kornum GravesMar 04, 2024 · 2 years ago
  Absolutely! Bitcoin has a fixed supply cap of 21 million coins. This means that once 21 million bitcoins have been mined, no more can be created. This scarcity is one of the reasons why bitcoin is often referred to as digital gold. It's a limited resource that cannot be inflated or manipulated by any central authority. So, if you're wondering whether there's a limit on the total number of bitcoins, the answer is a resounding yes!
  433

  145
• Ross UpchurchMay 12, 2024 · 2 years ago
  Indeed, there is a limit on the total number of bitcoins that can ever exist. The 21 million cap ensures that bitcoin remains a deflationary currency, unlike traditional fiat currencies that can be endlessly printed. This scarcity is what gives bitcoin its value and makes it attractive to investors. Once all 21 million bitcoins have been mined, no more can be created, making it a finite asset. This is one of the reasons why many people see bitcoin as a hedge against inflation and a store of value for the future.
  517

  130