Post
Topic
Board Bitcoin Discussion
Re: Increasing Bitcoin supply
by
annango
on 14/01/2018, 08:50:37 UTC
I am asking this question for my knowledge as I don't know the real fact as a newbie, We know that Bitcoin has limited supply compare to new altercoins, As the supply is not too big, Bitcoin price has become very high, My question is ,Is it impossible to increase the bitcoin supply mining new bitcoins further more ?  Thanks in advance
In my opinion, I honestly think that it’s not possible if bitcoin increases more than 21 million, it’s definitely against Satoshi. The quantity of people who use bitcoin will reduce a lot (I guess)  and a few one invest bitcoin,then bitcoin can be in bankrupty easily. People may not trust much more on bitcoin like before if it’s over the regulation. Therefore, I think that it is better for us to keep the supply of bitcoin at 21 million as it is.