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Bitcoin is a digital currency that can be sent between users without the need for a central bank, leveraging blockchain technology to maintain a decentralized ledger of transactions. Bitcoin's value has spiked in the last year. Bitcoin 21 million The money supply in the United States, calculated by the M2 method, has increased by over 40% since January of 2020. When currencies do not have clear regulations around supply and governments can print at their will, we start to see inflation as demonstrated throughout history and in the present. Given this outcome, the creator of Bitcoin, Satoshi Nakamoto, created a supply cap of 21 million Bitcoin which acts as a definite limit to the supply of outstanding Bitcoin that can ever exist. Bitcoin miners, who process and validate transactions, are the parties that will earn new Bitcoin as it is mined and their revenue is then impacted by a supply cap.Have more than million bitcoin
