Post
Topic
Board Bitcoin Discussion
Re: Maximum supply of Bitcoins : Can it be changed? If not why?
by
Xabad
on 26/11/2017, 07:32:48 UTC
Bitcoins (BTC) has a maximum supply of 21 million coins. Lets say as some people predict on a future date  a Bitcoin hits USD $1,000,000. During this scenario, is there any chance that someone can change the software program that restricts the supply of Bitcoins to mine more coins. Can someone give technical details if possible.

Thank you!

vnck25

Since it was programmed to have a maximum supply of 21 million it will be impossible to change it, and besides bitcoin is a decentralized technology which means no specific person is holding a program for it. Everyone who has the program needs to verify each transaction for it to be confirmed and it is hard to bypass that.