There Will Never Be More Than 21 Million Bitcoin

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Host C.J. Wilson opened the latest episode of “Bitcoin Bottom Line” by talking about the mystery of Bitcoin’s fixed supply. There are only 21 million bitcoin that will ever exist, giving folks a grasp on how much bitcoin there will be in supply at any given time.

In May 2020, the block issuance halving meant that the new bitcoin supply every day went from from 1,800 to 900 on average. At the time, many people did not know how to address the supply being different. How much were folks willing to pay due to the psychological mechanism of the fear of missing out?

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