How come there can only be 21 million bitcoins?
How come there can only be 21 million bitcoins?

How come there can only be 21 million bitcoins?

Blackmax

4 min
Business & Finance
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<p>Jamie Dimon asked the question the other day, "How do you know it ends at 21 million?" followed with a few questions that had a scornful tone about the reading of code. &nbsp;It's understandable that he doesn't read code - most people don't know where to begin. &nbsp;I don't know if viruses, DNA, or black holes actually exist. So I rely on biologists or physicists to confirm or deny their existence. &nbsp;I thought I would do Jamie Dimon a favour, look up the relevant code, and then explain it. He's a banker, so he should understand the numbers I talk about. The rest of you will have to trust me - I'm a mathematician. &nbsp;I then go on to talk about the one scenario in which there isn't a 21 million cap, and explain why it is highly unlikely that it would come to pass.</p>

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staceyField

staceyField

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