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The Value of Scarcity: Bitcoin’s 21 Million Limit Explained !!!!

Introduction In the vast expanse of the digital universe, Bitcoin shines like a beacon, its value underpinned by a unique characteristic - scarcity. Unlike traditional currencies, Bitcoin has a finite supply, capped at 21 million coins. This blog post unravels the mystery behind this limit and explores its implications.      Body Point 1: The 21 million Limit Bitcoin’s creator, Satoshi Nakamoto, designed it to mimic gold mining. Just as gold is finite, so is Bitcoin. The cap of 21 million coins creates scarcity, which helps preserve its value. Point 2: The Timeline of Bitcoin Mining Table Year Cumulative Bitcoins Mined Remaining Bitcoins 2009 1.6 million 19.4 million 2012 10.5 million 10.5 million 2020 18.6 million 2.4 million 2030 20.6 million 0.4 million 2140 21 million 0 The last Bitcoin is expected to be mined around the year 2140. Point 3: Bitcoin - The Digital Diamond After all, 21 million Bitcoins are mined, its scarcity will make it even more precious. Like diamonds, which deri
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