Will BITCOIN Collapse At The 21 Million Limit
Nov 22, 2021•Channel
AI Analysis
Data from YouTube Data API v3•Updated Just now
Video Overview
Video Details
PublishedNov 22, 2021
Duration9:49
Video IDU51b9dGJ3p4
Languageen
CategoryEntertainment
PrivacyNot specified
Made for KidsNo
Video TypeRegular Video
Performance Metrics
Views654
Likes3
Comments1
Engagement Rate0.61%
Likes per 100 views0.46
Comments per 1K views1.53
Description
Subscribe to our channel 🚀🚀 https://bit.ly/SubProjectReset 🚀🚀
Follow us on IG 📸 📸 https://bit.ly/ProjectResetInstagram 📸 📸
Download The Fast Start Guide:
https://bit.ly/CryptoFastStart
Signup to BlockFi:
https://bit.ly/ProjectResetBlockfi
Signup To Crypto.com:
https://bit.ly/PRCryptoDotCom
In todays video we talk about Will BITCOIN Collapse At The 21 Million Limit. When Satoshi Nakamoto created Bitcoin, he installed a strict limit on the number of Bitcoin that could ever exist. There will never be more than 21 million Bitcoin. This limit, known as the hard cap, is encoded in Bitcoin’s source code and enforced by nodes on the network.
Bitcoin’s hard cap is central to its value proposition, both as a money and an investment. Like gold and real estate, Bitcoin is a successful store of value because it is difficult to increase its supply. Thanks to the halving, bitcoin becomes more difficult to produce every four years, and eventually, it will become impossible.
Video Release ID // PR00018