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Brian Armstrong: 20 millionth Bitcoin mined only one million remain

Brian Armstrong: 20 millionth Bitcoin mined only one million remain
20 millionth Bitcoin milestone reached

The milestone 20 millionth Bitcoin has now been mined, leaving just one million new Bitcoins to be discovered in the future.

Brian Armstrong highlighted this achievement, noting the remaining new supply will take over 100 years to mine. He characterized Bitcoin as decentralized, inflation-proof global money.

The implications of Bitcoin’s diminishing supply align with Armstrong’s recent push to expand crypto incentives, exemplified by the introduction of a feature granting USDC holders access to Bitcoin rewards. At the same time, the long-term evolution of the cryptocurrency sector reflects the broader strategic dilemmas Armstrong has outlined as Coinbase navigates the classic innovator dilemma amid shifting market dynamics.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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