Post
Topic
Board Bitcoin Discussion
Re: Can Satoshi Nakamoto remove the 21 million BTC limit?
by
MFahad
on 21/01/2024, 07:56:24 UTC
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?
I would comment by saying Jamie Dimon does not know what he is talking about.  Bitcoin is not J P Morgan.  Bitcoin is DE Centralized.  It is Trust LESS.

Satoshi created Bitcoin and let it run in the wild.  He has no more power of governance over it, ever since Bitcoin became public.  There is no 'access key' to inner workings of Bitcoin and every body pretty much knows that after a five minute serious read on this topic.

The only way this can happen is through a Hard Fork.  I doubt every body is dumb enough to accept such a significant change which has an obvious and very strong negative impact on Bitcoin.
you are absolutely right about that. and a lot of shitty Bitcoin forks are alraedy there to prove that. I think Jamie just want to inflate Bitcoin like Fiat so he can own more and more, he think he can be wealthier like that.
Thankfully Bitcoin community have sensible people who wouldn't let that happen.

How dumb the crypto community is becoming to give someone with no knowledge of basics as critique of cryptocurrency. Smiley

If Satoshi came and hard fork to bring more coins off a new branch it will be just another coin not just bitcoin and people won't use that coin but why Satoshi will do that? Roll Eyes
no one give anyone rights of becoming critique of cryptocurrency. it's everyone's personal choice and decidions to become a critique. now it is upto the community to listen and believe that person or not. and we can clearly see that no one taking Jamie seriously here in this community and I am pretty sure no one would take him seriously anywhere else outside of this forum.
So don't worry about whatever he says because we can't shut anyone off..