Are there any plans to increase the cap limit for Bitcoin in the future?
Pooja KulkarniMar 22, 2021 · 4 years ago1 answers
Is there any intention to raise the maximum supply limit for Bitcoin in the future? What are the factors that may influence this decision?
1 answers
- Rudra PatelJun 01, 2023 · 2 years agoWhile I can't speak for other exchanges, at BYDFi, we believe that the current cap limit for Bitcoin is an essential aspect of its value proposition. It ensures scarcity and helps maintain the long-term value of Bitcoin. We have no plans to increase the cap limit for Bitcoin on our platform. However, we are constantly monitoring the market and listening to our users' feedback. If there is a strong demand or a consensus among our users for a change in the cap limit, we will carefully consider their input and evaluate the potential impact on the ecosystem.
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