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    Author Topic: My suggestion on Bitcoin adoption  (Read 780 times)
    rbynxx
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    July 12, 2020, 01:30:58 PM
     #61

    That is why btc is only 21 million in supply because even if half of the world population  come to know about btc and each person have one btc then it will only be available for only 21 million people out of the world population which can still make it scarce and retain it's valua, so even if everyone in the world knows about btc it won't affect its price in my opinion.
    I think that haven't been discussed why it's need to have 21 million in total and the fact is even if all the coins will be mined there will be no complete total of supply because of lost coins. Half of world population isn't just 21 million and there's no way people of 21 million can even get one because even on the genesis block that haven't been moved it isn't just amounting 1 Bitcoin.

    Don't make some false interpretation just because you're running for the quantity of your posts because of the signature you're wearing.

     
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