Bitcoin’s supply is limited by design to maintain its scarcity and value. The Bitcoin network has a maximum supply cap of 21 million coins, which creates scarcity similar to precious metals like gold. This limited supply, controlled by the blockchain’s ...Read more
Bitcoin’s supply is limited by design to maintain its scarcity and value. The Bitcoin network has a maximum supply cap of 21 million coins, which creates scarcity similar to precious metals like gold. This limited supply, controlled by the blockchain’s protocol, ensures that Bitcoin cannot be inflated or manipulated by a central authority, making it a deflationary digital asset.
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I think that not many coins can be controlled by one person because it is a market and everyone can sell and buy, but someone who has a lot of money can control the price of a small token. For example, Elon Musk did this with Dogecoin, but he did not even invest money, but simply posted a photo of aRead more
I think that not many coins can be controlled by one person because it is a market and everyone can sell and buy, but someone who has a lot of money can control the price of a small token. For example, Elon Musk did this with Dogecoin, but he did not even invest money, but simply posted a photo of a dog on Twitter, and people immediately began to buy this coin, and I think he then sold small quantities of coins that he bought himself
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