Bitcoin: 21 million and no compromises. Why is this a revolution?
Why is this important?
- Value through scarcity: like gold, but with precise mathematics. No one will print "a little more".
- Immutability of rules: to change the limit, consent from all nodes in the network is required — nearly impossible.
- The future of mining: after 2140, miners will survive solely on transaction fees — but if Bitcoin survives, that's not a problem.
