Post
Topic
Board Bitcoin Discussion
Re: Why Did Satoshi Nakamoto Choose 21M as Bitcoin’s Maximum Supply?
by
tsaroz
on 04/12/2019, 05:17:29 UTC
How did Satoshi Nakamura come up with 21 million, for his (their?) limit to bitcoin?

Satoshi Nakamoto settled on a target time of 10 minutes per block with an initial subsidy of 50 BTC set to halve once every 4 years.

4 years / 10 minutes ≈ 210 000
50 + 25 + 12.5 + 6.25 + ... = 100
210 000 * 100 = 21 million


So, the question could be why did he chose 50. Why not 100 or any other number. 4 years too could be arguably unique. But there are several reasons why 4 years and 10 minutes fit.