Hey all,
I’m still rather new to bitcoin/cryptocurrency and one of the main arguments for it I often read about is that it is prone to inflation, as there is only a limited amount of coins. Now I just stumble over this:
> In fact, there are only 21 million bitcoins that can be mined in total.1 Once miners have unlocked this number of bitcoins, the supply will be exhausted. However, it’s possible that bitcoin’s protocol will be changed to allow for a larger supply.
https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/
How likely that such a change can happen and who decides about that? Isn’t this a possible backdoor for bitcoin inflation?
View Reddit by Sersch – View Source
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