BITCOIN FAQ - What determines the supply of BITCOIN and the 21 MILLION supply cap
Channel: Bit Media24
Date: 2019-02-17

BITCOIN FAQ - What determines the supply of BITCOIN and the 21 MILLION supply cap

A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals. Every ten minutes, new bitcoin are created. Every four years, the block reward cuts in half in what is known as "the Halvening."

Will the supply cap at 21 million bitcoins cause problems for adoption? 

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/ 
The original video was published under Creative Commons license to enable sharing https://youtu.be/AABkJ55Zz3A

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