Why 21 million?
Bitcoin’s issuance parameters produce a supply that converges near 21 million BTC; the exact figure results from the initial subsidy, halving interval, and integer-denominated rewards.
Why it matters
Bitcoin’s issuance parameters produce a supply that converges near 21 million BTC; the exact figure results from the initial subsidy, halving interval, and integer-denominated rewards.
Key ideas
- Bitcoin’s issuance parameters produce a supply that converges near 21 million BTC; the exact figure results from the initial subsidy, halving interval, and integer-denominated rewards.
- This topic belongs to California Bitcoin’s money knowledge layer.
- Use primary and technical sources where possible, and distinguish protocol facts from market narratives.
Primary and technical sources
Bitcoin Developer DocumentationBitcoin.orgBitcoin: A Peer-to-Peer Electronic Cash SystemSatoshi Nakamoto