TEACH ME BITCOIN, SON. on Nostr: Dad: Son, how do you know Bitcoin has a hard cap of 21M BTC? Son: Hi Dad, It's ...
Dad: Son, how do you know Bitcoin has a hard cap of 21M BTC?
Son: Hi Dad,
It's defined in Bitcoin's source code.
Dad: The question is: How do you know that hard cap will stay 21M?
Son: The answer is: Because of game theory.
Who would want to join a Bitcoin chain with modified hard cap?
That would no longer be Bitcoin.
#Bitcoin
Published at
2024-09-19 00:07:15Event JSON
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"content": "https://www.teach-me-bitcoin-son.com/media//generated/how-do-you-know-bitcoin-has-a-hard-cap-of-21m-btc.png\n\nDad: Son, how do you know Bitcoin has a hard cap of 21M BTC?\nSon: Hi Dad,\nIt's defined in Bitcoin's source code.\nDad: The question is: How do you know that hard cap will stay 21M?\nSon: The answer is: Because of game theory.\nWho would want to join a Bitcoin chain with modified hard cap?\nThat would no longer be Bitcoin.\n\n\n#Bitcoin",
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