Quote from: PytagoraZ on Today at 12:27:29 AM

Quote from: Xal0lex on January 19, 2024, 10:48:02 PM

Speaking in Davos on Wednesday, JPMorgan CEO and also a well-known bitcoin critic Jamie Dimon made a suggestion that Satoshi Nakamoto might lift the limit on the number of bitcoins, which as we know is 21 million BTC. How would you comment on such a statement?

Quote from: https://www.nasdaq.com/articles/jpmorgan-ceo-jamie-dimon-says-satashi-may-erase-bitcoin-supply-limit-backs-tokenizing

Referring to the limited supply of Bitcoin, which is to mirror the properties of gold, Dimon said he doubted the finality of the 21 million Bitcoin supply maximum, saying: "I think there's a good chance, when we get to that 20 million bitcoins...Satashi [sic] is going to come on there, laugh hysterically, go quiet, and all Bitcoins [are] going to be erased. How the hell [do] you know it’s going to stop at 21?"

I don't know about the code behind bitcoin but 21 million is what everyone believes to this day. If bitcoin exceeds 21 million then trust in bitcoin will collapse overnight and bitcoin will be considered a scam

True, even if it's possible it would kill BTC since a lot of believers are using this as an example of why BTC is so important. Scarcity truly defines BTC.