Why Are There Only 21 Million Bitcoin? | THEORIES Explained [nRPFrtVB1Q]

2025-01-02T03:17:48-0600

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Did you know that there can only ever be 21 million bitcoins worldwide? It is impossible to even exceed that number by 1 unit. Just like any other digital asset, Bitcoin has a finite supply, but does it really need to be exactly 21 million Bitcoins? According to an email supposedly shared between Satoshi and Bitcoin Core contributor Mike Hearn, Satoshi says, "I wanted to pick something that would make prices similar to existing currencies." Would that be the reason behind limiting Bitcoin's supply to match the total global money supply? In this video, let's discover some interesting theories that prove the reason behind the limit of 21 million Bitcoins. Links: Bitcoin: https://www.coingecko.com/en/coins/bitcoin CoinGecko: https://www.coingecko.com/ GeckoTerminal: https://www.geckoterminal.com/ Timestamps: 00:00 Intro 00:27 Theory 1: Money Supply Replacement Theory 02:08 Theory 2: Mathematics behind 21 million 02:27 Rule 1: The 10-minutes block time 03:05 Rule 2: Halving Sequence 03:46 Outro Download CoinGecko App!📱 iOS: https://gcko.io/coingecko-ios Android: https://gcko.io/coingecko-android Follow us! Twitter: https://twitter.com/coingecko Instagram: https://www.instagram.com/coingecko TikTok: https://www.tiktok.com/@coingeckotv Telegram: https://t.me/coingecko Subscribe to CoinGecko's Newsletter! 📩 https://landing.coingecko.com/newsletter/ #bitcoin #satoshi #blockchain #cryptocurrency #21million #bitcoinhalving #halving #moneysupply #bitcoinpricepredictiontoday #bitcoinprice #crypto #marketcap #finance