Community Articles

via BeInCrypto · By BeInCrypto Editorial

Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap

BTC

BTC/USDT

$63,130.00
+0.08%
24h Volume

$2,520,464,112.79

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,124.99

0.06%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.47
Resistance 2$64,394.57
Resistance 1$63,626.42
Price$63,124.99
Support 1$62,999.35
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.5
BE
BeInCrypto Editorial
(07:07 PM UTC)
1 min read
SC
Reviewed bySarah Chen

A fresh fight over Bitcoin’s 21 million supply cap has pulled Adam Back and Peter Todd onto opposite sides, after Todd’s case for a permanent block reward resurfaced this week.

Todd wants a small, never-ending issuance to keep paying miners once the last new Bitcoin arrives around 2140. Back reads the argument as a trap dressed up as engineering.

Why Peter Todd Says Bitcoin Needs a Permanent…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Comments
Comments