BITCOIN RECORD // 03.02

21 MILLION

> Scarcity is not a promise. It is a rule participants verify.

      21,000,000
   ┌──────────────┐
   │██████████████│
   │██████████████│
   │█████████████░│
   └──────────────┘
      NO MORE?
SIGNAL RECOVERED // FIXED SUPPLY
Bitcoin’s issuance schedule is encoded in its consensus rules and the subsidy declines over time. Under those rules, total issuance approaches a limit of 21 million bitcoin.
Gold is scarce because nature made it difficult to find. Bitcoin is scarce because the network refuses to change the count.
KEYBOARD // PRESS P · N · M · 0