Post
Topic
Board Economics
Re: Is there a fixed supply of bitcoins around the wolrd or is it printable like $?
by
brontosaurus
on 20/11/2017, 13:45:14 UTC
Is there a fixed supply of bitcoins around the wolrd or is it printable like $?
Yes there is a fixed supply of bitcoin which is 21 Million coins which is not a feature available in dollars. Dollars minted in millions or billions every year which make it an inflationary currency. And no its not printable. I mean printing is required for something that does not exists in real. Like the dollars which are merely a promise by federal bank. Bitcoin is stored in blockchain so does not requires any other proof of its existence.