BlackRock employees consider possible increasing the maximum permissible supply of bitcoins, which currently stands at 21 million coins.
BlackRock employees recorded a video about Bitcoin, in which they said that the maximum number of coins in circulation is limited to 21 million. Thanks to this, BTC is an excellent tool for saving capital and will not be subject to inflation after miners mine the last coin. However, the authors of the video acknowledged that there is no guarantee that the maximum allowed number of digital assets will not change.
Bitcoin - a developer known under the pseudonym Super Testnet, noted that the limit on the number of issued BTC can indeed be increased. To do this, blockchain node operators, programmers and major investors must agree to conduct a hard fork and launch a new network. If the majority of ecosystem participants decide to support the blockchain with modified rules, it will become the Bitcoin mainnet, and the old network will be a BTC fork, similar to Bitcoin Cash (BCH), created in 2017.
However, the likelihood of increasing the current limit on the number of issued bitcoins is extremely low. The fact is that changing the limit will not bring benefits to people and organizations controlling the crypto market, as it will cause a drop in the rate of the digital asset. In addition, the last BTC will be mined around 2140, so the issue of increasing the maximum permissible reserve of coins will not be acute for a long time.
