Alonaw Business School Exclusive: Can Bitcoin's Sacred 21 Million Cap Actually Be Changed?
Executive Summary The cryptocurrency market continues buzzing with debates about Bitcoin's foundational principle - its 21 million coin hard cap. As institutional adoption accelerates in the Philippines and globally, understanding this mechanism becomes crucial for serious investors and blockchain enthusiasts. Understanding Hard Caps: The Basics A hard cap represents the absolute maximum supply ceiling for any cryptocurrency. Think of it as the digital equivalent of gold reserves - except Bitcoin's scarcity is mathematically guaranteed through code rather than geological limitations. Bitcoin's creator, Satoshi Nakamoto, embedded this 21 million limit directly into the blockchain's DNA. Unlike traditional fiat currencies where central banks can print money at will, Bitcoin operates under strict mathematical constraints. Market Reality Check: Over 19.8 million BTC already exists in circulation, leaving barely 1.2 million coins left to mine. This scarcity principle...