• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Significance of Bitcoin's 21 Million Cap as Digital Gold

user avatar

by Giorgi Kostiuk

9 months ago


The Bitcoin cap is limited to 21 million coins. This limit is coded into the blockchain, promoting scarcity which can enhance each coin's value over time.

Why a Hard Cap is Important

A hard cap of 21 million coins ensures Bitcoin's scarcity, likening it to digital gold. This scarcity boosts its value as demand increases since no new coins can be created to meet this demand.

Proposals to Change the 21 Million Cap

Proposals to alter the 21-million cap have included introducing inflationary models after all coins are mined. Such proposals are met with strong resistance from the community.

Imagine if Bitcoin is successful and becomes the dominant payment system in the world. Its total value should then equal the total wealth worldwide.Hal Finney

Impact of Changing Bitcoin’s Hard Cap

Any alteration to the cap would erode trust, cause market turmoil, and likely split the network over disagreements. The community fiercely protects Bitcoin's scarcity, viewing any change as a threat to its value.

The 21-million Bitcoin cap is a cornerstone principle safeguarded by the community, critical for maintaining Bitcoin's scarcity and value. Changing it is highly improbable due to its role in preserving these attributes.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

1011 Whale's Recent Moves Indicate Market Sentiment Shift

chest

Recent activities by the 1011 whale, Garrett Jin, suggest a potential shift in market sentiment as he engages in significant transactions, indicating a possible market bottom for ETH.

user avatarAndrew Smith

1011 Whale Reenters Market with New ETH Strategy

chest

The 1011 whale, Garrett Jin, has reentered the market by depositing 55,240 ETH on Aave to borrow 70 million USDT, indicating a strategy shift for potential accumulation.

user avatarJacob Williams

Hedera HBAR Shows Signs of Recovery Amidst BlockchainFX Surge

chest

Hedera HBAR is slowly recovering, but its momentum is overshadowed by the rapid growth of BlockchainFX.

user avatarSon Min-ho

BlockchainFX Emerges as a Web3 Trading Super App

chest

BlockchainFX is gaining popularity as a multi-asset trading platform that offers a wide range of trading options.

user avatarZainab Kamara

Musk's X Launches Bitcoin-Style Encrypted Messaging Feature

chest

Musk's platform X has launched XChat, an encrypted messaging feature with functionalities like audio-video calls and file sharing, aimed at enhancing user privacy and security.

user avatarAyman Ben Youssef

Automated Tax-Loss Harvesting for Enhanced Returns

chest

In 2025, retail investors are leveraging automated tax-loss harvesting and direct indexing to enhance their after-tax returns.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.