Capitalizations Index – B ∞/21M
World Gold Council: Cryptocurrencies Pale Compared to Gold Answering whether or not cryptocurrencies can potentially replace gold, Adam Perlaky, Manager of Investment Research at World Gold Council, compared recent stats of both assets. In a […]
bitcoin’s supply is capped at 21 million by its protocol to create digital scarcity, prevent inflation, and mimic gold. This fixed limit stems from Satoshi’s code and consensus rules enforced by miners.
bitcoin operates as a decentralized peer-to-peer network where nodes validate transactions and relay blocks; cryptographic consensus via proof-of-work secures the ledger, preventing double-spending without central authority.