Limited supply of 21 million bitcoins from "summary" of Digital Gold by Nathaniel Popper
The idea behind the creation of Bitcoin was to establish a digital currency with a fixed supply that couldn't be manipulated by any government or central bank. This was achieved by setting a cap of 21 million bitcoins that will ever be created. This means that there is a finite amount of bitcoins that will ever exist, making it a scarce and valuable asset. Bitcoin's limited supply is one of the key features that sets it apart from traditional fiat currencies, which can be printed endlessly by governments leading to inflation. With a fixed supply, Bitcoin is immune to inflation, making it an attractive store of value for investors looking to hedge against economic uncertainty. The concept of a limited supply of bitcoins was intentionally designed ...
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