Hello, fellow crypto enthusiasts! One of the unique features of Bitcoin that often sparks curiosity is its capped supply of 21 million coins. But why is this the case? Here’s a brief explanation:
Bitcoin’s creator, Satoshi Nakamoto, implemented this limit to mimic the scarcity of precious resources like gold. The idea was to create a digital equivalent of a finite resource, making it deflationary by nature.
How do you think the limited supply of Bitcoin impacts its value and utility? Do you see this scarcity as an advantage or a potential limitation in the long run? Let’s discuss!