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A unique feature of Bitcoin is its finite supply. Unlike traditional currencies that central banks can issue indefinitely, Bitcoin has a cap of 21 million coins. This limit is hardcoded into the Bitcoin protocol by Satoshi Nakamoto, aiming to create scarcity and prevent inflation. As of early 2023, over 19 million Bitcoins have already been mined. The rate at which new Bitcoins are created is halved approximately every four years in an event known as "halving," ensuring that the final Bitcoin will not be mined until around the year 2140, creating a deflationary economic model that contrasts with traditional inflationary currency systems. #btc #bitcoin #write2earn #trendingtopic

A unique feature of Bitcoin is its finite supply. Unlike traditional currencies that central banks can issue indefinitely, Bitcoin has a cap of 21 million coins. This limit is hardcoded into the Bitcoin protocol by Satoshi Nakamoto, aiming to create scarcity and prevent inflation. As of early 2023, over 19 million Bitcoins have already been mined. The rate at which new Bitcoins are created is halved approximately every four years in an event known as "halving," ensuring that the final Bitcoin will not be mined until around the year 2140, creating a deflationary economic model that contrasts with traditional inflationary currency systems.

#btc #bitcoin #write2earn #trendingtopic

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