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What is the current cap limit for Bitcoin?

avatarRK Lifecare INCDec 17, 2021 · 3 years ago3 answers

Can you please provide me with the current cap limit for Bitcoin? I'm curious to know the maximum number of Bitcoins that can ever exist.

What is the current cap limit for Bitcoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The current cap limit for Bitcoin is 21 million coins. This means that there will never be more than 21 million Bitcoins in existence. This cap limit is built into the Bitcoin protocol and cannot be changed. It is designed to create scarcity and prevent inflation.
  • avatarDec 17, 2021 · 3 years ago
    As of now, the cap limit for Bitcoin is set at 21 million coins. This means that once 21 million Bitcoins have been mined, no more can be created. This cap limit ensures that Bitcoin remains a deflationary currency, as the supply is limited and cannot be increased beyond the cap limit.
  • avatarDec 17, 2021 · 3 years ago
    According to the Bitcoin protocol, the current cap limit for Bitcoin is 21 million coins. This cap limit was established by the creator of Bitcoin, Satoshi Nakamoto, and is a fundamental aspect of the cryptocurrency. Once all 21 million Bitcoins have been mined, no more can be created, ensuring scarcity and value for the digital asset.