Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is NOT mathematically limited to twenty one million bitcoins
by
yoseph
on 28/07/2017, 21:32:29 UTC
Bitcoin is NOT mathematically limited to twenty one million bitcoins.

I do not support raising the cap at this time but if we had overwhelming support like we did for Segwit we could raise the limit to any number we could dream up.  

I would have no issue changing the code to allow a 1 bitcoin reward for every block forever... to ensure a strong distributed mining community.  

I understand this must sound like blasphemy to the majority of the community but it irks me to see such a false statement about bitcoin repeated over and over again in every Bitcoin youtube video out there; there has to be a better way to phase it.
I'm kinda confused over here, isn't raising the caps on the number of satoshi in the bitcoins system devalue the currency, I believe that's what happens in the world of economics, print more money and you will devalue the currency. Look at Zimbabwe for example.