I did a really shit job explaining to my GF the reasons why Bitcoin can only ever have 21 million coins.
Anyone got a simple, succinct explanation for this?
The goal is to have it easy enough that ...
If I give you 50 milkbones each week, but halve this number every week. Eventually that weekly milkbone allowance will fall to 0.
The number of milkbones you will receive was set up front, when I gave you the allowance, the frequency, and the halving frequency.
The number of milkbones you will receive was set up front, when I gave you the allowance, the frequency, and the halving frequency.
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