21 million bitcoins already

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We now know why there's banks can create money to help control the price of. One of the reasons that a few hundred dollars per and competitively validate alreayd transactions because of transaction fees attached a limited supply.

In a centralized economy, inflation.

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Will There Be More Than 21 Million Bitcoin?
The maximum supply of 21 million bitcoins will be reached around the year , after which no new bitcoins can be mined. Currently, miners are. There are currently over million Bitcoins currently in circulation, leaving. There will never be more than 21 million bitcoin. This limit, known as the hard cap, is encoded in Bitcoin's source code and enforced by nodes on the network.

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This limit is hardcoded into the protocol, meaning it cannot be changed by anyone, including the developers or miners. Mining is the process of verifying transactions and opening new blocks, which will still need to be done. The number of new bitcoins minted per block was 50 when Bitcoin was first established and has since decreased to 6. If these changes were agreed upon by developers, the changes would be integrated into Bitcoin Core. During this event, the block reward will be slashed in half, reducing it to 3.

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