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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (480172)9/27/2021 8:27:52 PM
From: cosmicforce  Read Replies (1) | Respond to of 541122
 
I think this is a typo -

>> bitcoin comes along and with its fixed cap of total possible coins at infinity

The "difficult to produce" coins are capped the difficult to confirm blockchain entries are not.

bitcoins.net
The hard limit of Bitcoin's supply is set at 21 million coins. Out of this, 18.77 million have already been 'mined'. That means, 83% of all the Bitcoin that will ever come into existence have already been brought into circulation within 12 years of its creation.