Post
Topic
Board Bitcoin Discussion
Re: Maximum supply of Bitcoins : Can it be changed? If not why?
by
BlueSword
on 18/11/2017, 23:57:33 UTC
is there any chance that someone can change the software program that restricts the supply of Bitcoins to mine more coins.
Changing the block-generation reward to allow more than an asymptotic limit of 21 million coins would require a hard fork.  It would be a contentious hard fork, because many people strongly believe that the original plan should not be changed to dilute existing coins.

Lets say as some people predict on a future date a Bitcoin hits USD $1,000,000.
Then the smallest unit of bitcoin (1 satoshi) would be worth $0.01.  It is possible to hard-fork Bitcoin to allow further subdivisions; this would be far less controversial than increasing the maximum coin supply.