Will Bitcoin’s 21 Million Limit Create A Deflationary Spiral?

WILL BITCOIN’S 21 MILLION LIMIT CREATE A DEFLATIONARY SPIRAL?

Understanding Bitcoin’s 21 Million limit will help you appreciate how it works. The total number of bitcoins in circulation will never exceed 21 million. The Bitcoin protocol, the rules that make bitcoin work, says miners can create only 21 million bitcoins. But if we reach the point where the last bitcoin is mined, what happens … Read more