Bitcoin's money supply
Last updated
Last updated
Andreas Antonopoulos talks about the monetary policy of Bitcoin and what the supply of bitcoins will look like over the upcoming century.
Andreas Antonopoulos
6min
Takeaway There will only ever be just short of 21 million bitcoin. Currently there are already 19.1 million bitcoin in circulation. New bitcoins come into circulation at a predefined and transparent rate by rewarding miners who generate valid proof-of-works. That block reward is halved every 4 years or so. After the year 2141, no new bitcoins will be issued and miners will be rewarded solely with transaction fees.