Good Day Everyone!
I think this is the most appropriate section where I can post my question regarding the development of Bitcoin.
I just read the Bitcoin whitepaper and most of it content are difficult for me to understand, lots of them are Mathematical Equation and programs. Upon reading there is only one question. that pops in my mind.
What processes or steps in order for the creator to increase its Supply Limit? [I am also pertaining to Alternative Coins not just Bitcoins]. Someone says that it is complicated.
Can you cite some relevant previous post or links?
So the truth is that there is no real reason why the totale supply of bitcoin was made 21million, it is just a number chosen by the creater and he only is the one capable of giving the reson behiend it, as for the altcoins you can see that they have different supply and some of them have crazy amount and i am here refearing to ripple which has 100 billion coin of a supply, my guess that the supply should be small but not crazy small so that many people can get it and its value would increase over time, otherwise it will be worthless if it was unlimited.