Post
Topic
Board Bitcoin Discussion
Re: How do we know there are actually only 21M BTC?
by
DaveF
on 30/03/2025, 14:23:17 UTC
So, what you are asking is not that will there be more then 21M "real" BTC but how would we know if bank A says they have 1M BTC and bank B says they have 1MBTC and so on other then a complete audit of everything they have how can we know that they really have it?

If that is what you are looking for then the answer is well...we will not without them providing a full audit.

Financial institutions are supposed to be audited by professionals who have their work supervised and checked by others. But, as we saw in 2008 and 2001 and all through the 1980s and early 1990s and probably before that people lie.

That is what is great about BTC You can hold your own.

Not your keys....not your coins....

-Dave