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Why Are There Only 21 Million Bitcoin? - THEORIES Explained
21 million was an educated guess. According to an email shared by Hearn, Nakamoto intended Bitcoin's unit prices to eventually align with. Bitcoin was designed so that there is a finite supply of 21 million BTC. One explanation for the 21 million Bitcoin limit is the money. Today, more than 19 million Bitcoin have been mined to date, which only leaves under a few million remaining to be mined.

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The best bitcoin to buy

Bitcoin whales are large holders of the cryptocurrency who possess the potential to impact the market in substantial ways. But with Bitcoin, the supply is fixed, which makes it immune to inflationary pressures. This increase in difficulty means that it takes more computational power to validate a block of transactions and earn the associated reward of newly mined bitcoins. This ledger is stored on thousands of computers worldwide, making it highly secure and resistant to tampering.