One of the biggest arguments in favor of using Bitcoin as either a method of payment or a store of value is that it’s scarce. But what does that mean exactly? In this Fool Live video clip, recorded on March 18, senior analyst John Rotonti and Motley Fool Deutschland lead analyst Bernd Schmid discuss how many Bitcoins there are in existence and what investors should know about the supply of the cryptocurrency.
Schmid: The software essentially, that I was mentioning in the very beginning, which all these notes, this network is running, this has defined, there will be 21 million Bitcoins created, and then it will be finished.