Anna_Perri on Nostr: #Bitcoin has a fixed supply cap of 21 million coins. This scarcity is built into the ...
#Bitcoin has a fixed supply cap of 21 million coins. This scarcity is built into the protocol and cannot be changed. The limited supply creates a deflationary environment, contrasting with traditional fiat currencies that can be printed in unlimited amounts by central banks.
Published at
2024-07-31 21:58:39Event JSON
{
"id": "a93c87daed76382b192b0b287db7ba0c2b355243c289b2a7294fa3e3ce436770",
"pubkey": "af551accea482000bdccb34bd3c521558e1f353773a3caed83a147921c369ea1",
"created_at": 1722455919,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "#Bitcoin has a fixed supply cap of 21 million coins. This scarcity is built into the protocol and cannot be changed. The limited supply creates a deflationary environment, contrasting with traditional fiat currencies that can be printed in unlimited amounts by central banks.",
"sig": "951a3420ace16e7e7954b80e95a017a9fbfd1ed2fa319b1586418a887b30ee6cdd069a026d12b00462ca2fc2fb1453c0c64af9dcb44748c89cc0fff485350d11"
}
