The “21 Million Club” is a colloquial term within the cryptocurrency space, specifically associated with Bitcoin. It refers to the predetermined maximum supply of Bitcoin, capped at 21 million coins as per the Bitcoin protocol.
This fixed supply is a fundamental aspect of Bitcoin’s design, serving as a deflationary mechanism and distinguishing it from traditional fiat currencies susceptible to inflation. The limited supply is expected to contribute to Bitcoin’s scarcity over time, potentially increasing its perceived value.
21 Million Club concept resonates with the ethos of sound money and has fueled discussions about Bitcoin’s role as a store of value akin to precious metals. The “21 Million Club” underscores the scarcity and digital scarcity narrative that is central to Bitcoin’s value proposition in the broader landscape of decentralized digital assets.