Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Can Satoshi Nakamoto remove the 21 million BTC limit?
by
roller33
on 19/01/2024, 22:55:49 UTC
⭐ Merited by Xal0lex (2)
Well, the 21 million BTC is a fundamental aspect of Bitcoin's design. Changing this limit would require a consensus from the network participants, which I believe it is unlikely given the strong commitment to Bitcoin's original protocol.

It also would alter Bitcoin's scarcity value and economic model.

Dimon's comment might be speculative or aimed at provoking thought, but it's good to remember the decentralized nature of Bitcoin that makes such changes pretty hard to make.

I believe that making such a change could mean a huge decrease on BTC value and even the loss of trust on the coin.