What is the maximum limit of bitcoins that can ever exist?

3 answers

• ilksenDec 30, 2024 · 7 months ago
  Sure! The maximum limit of bitcoins that can ever exist is 21 million. This limit is hardcoded into the Bitcoin protocol and cannot be changed. As of now, around 18.5 million bitcoins have been mined, and the remaining bitcoins will be gradually released through the mining process. Once the 21 million cap is reached, no new bitcoins will be created. This scarcity is one of the factors that contribute to the value of bitcoin.
  428

  214
• Ind AliMay 25, 2022 · 3 years ago
  You got it! There will only ever be 21 million bitcoins in existence. This limit was put in place to prevent inflation and maintain the scarcity of the cryptocurrency. Currently, the rate of new bitcoins being created is decreasing over time, and it is estimated that the last bitcoin will be mined around the year 2140. So, if you're looking to invest in bitcoin, keep in mind that the supply is limited!
  405

  135
• KiiteFeb 02, 2023 · 3 years ago
  The maximum limit of bitcoins that can ever exist is indeed 21 million. This limit was set by the creator of Bitcoin, Satoshi Nakamoto, as a way to ensure the long-term value and stability of the cryptocurrency. Once all 21 million bitcoins have been mined, no more bitcoins can be created. This scarcity makes bitcoin a valuable asset and has contributed to its popularity and price appreciation over the years. It's important to note that other cryptocurrencies may have different maximum limits, so it's always good to do your research before investing.
  556

  139