Now have come with a simple question that will strike some good discussion here , and hope as time goes more related topic like this will come . So just like the title implies , we all know that the theoretical maximum bitcoin supply is 21M BTC . But will it ever actually reach that number ?
please drop your opinions .
Yes, the maximum limit of bitcoin is 21 million, but in reality, even if that number is fully mined, not all the coins will reach us. Because many bitcoins have already been lost due to forgotten private keys, damaged hard drives, sent to the wrong address, etc.
Even though we have less than that actual 21 million bitcoin in circulation at present due to factors like loss of keys, ceased bitcoin, and those that are held by invstors that are not rady to sell anytime soon, their will still be enough bitcoin in circulation for any interested investor to buy.
We know that smaller smaller fraction of bitcoin termed satoshi are going to be a big deal as the price of bitcoin keep increasing and so, even though we might have just 21 million bitcoin in circulation. the division of bitcoin into smaller units of satoshi makes it even more than the 21 million because the vast majority of people can not buy upto a single bitcoin but can buy just some sats from it. the metrics around it that allows for buys and sells stands in a way that keeps the limitation bitcoin that is in circulation useful amd enough for all investors.