Cryptocurrency Q&A
Do cryptocurrencies have a limit?
Do cryptocurrencies have a limit?
Michele
Tue Jul 02 2024
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7 answers
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Could you elaborate on whether cryptocurrencies have a limit in terms of their issuance or overall value? I'm curious to understand if these digital assets have a predetermined cap, similar to how some fiat currencies have a limited supply, or if their value and availability are determined by other factors. Additionally, how does this potential limitation, if any, impact the stability and sustainability of cryptocurrencies in the long run? Understanding the intricacies of this question is crucial for investors and enthusiasts alike.
7 answers
Andrea
Wed Jul 03 2024
This limited supply is intended to drive up the value of the coin over time as demand increases.
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CryptoVisionary
Wed Jul 03 2024
Cryptocurrencies vary significantly in their economic models.
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SamuraiWarriorSoulful
Wed Jul 03 2024
Other cryptocurrencies, however, have a supply cap but do not have a finite limit.
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CryptoMystic
Wed Jul 03 2024
While they may have a maximum number of coins that can be created, this number is not as strictly defined as Bitcoin's 21 million.
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Sara
Wed Jul 03 2024
Some, like Bitcoin (BTC), possess a fixed supply limit.
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