Bitcoin

Category - Economics

The maximum number of bitcoins allowed into currency at any point in time is capped at what?
  1. 15 million.
  2. 21 million.
  3. 12 million.
  4. 18 million.
Explanation
Answer: B - The maximum number of bitcoins allowed into currency at any point in time is 21 million. With the way the Bitcoin protocol was established, there can never be more than 21 million bitcoins in existence. This is slightly less than two times the current number of bitcoins in existence, which is 12 million.
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