Did you know that $BTC has a maximum limit of 21 million coins
It is a fundamental feature that distinguishes it from fiat currencies.
Why 21 million?
This figure is not arbitrary. It was established in the Bitcoin source code from its inception and is directly related to the process of "mining."?
What is mining?
It is the process by which transactions are verified and new bitcoins are created.
Miners use powerful computers to solve complex mathematical problems and, as a reward, they obtain new bitcoins.
To wait for the 2028 Halving:
Every so often (approximately every 4 years), the reward per block is halved. This process is known as "halving."
This means that fewer new bitcoins are generated each time, thus ensuring that the maximum limit of 21 million is reached.
What does this limit imply?
Like gold, the scarcity of Bitcoin contributes to its value. As it approaches the limit of 21 million, Bitcoin will become a deflationary currency, meaning its value will tend to increase over time.
Unlike fiat currencies, which can be devalued by governments, Bitcoin is not subject to such policies.
What does this mean for the future of Bitcoin?
It is difficult to predict with certainty how the price of Bitcoin will evolve, but its maximum limit and deflationary nature make it an attractive store of value for many investors.
The maximum limit of 21 million bitcoins is a fundamental feature of this cryptocurrency that contributes to its value and its position as a digital store of value.
