Scarcity and halving
Topic 6 · 15 cards
Scarcity and halving
Limited supply, 21 million, the block subsidy, halvings, satoshis, and the long-term issuance schedule.
Card 66 · Explorer
What is the effect of Bitcoin's fixed maximum supply?
Card 67 · Explorer
How are new bitcoin created?
Card 68 · Navigator
How many new bitcoin could miners receive per block at the beginning?
Card 69 · Navigator
What is the difference between newly created bitcoin and transaction fees?
Card 70 · Explorer
What is cut in half in a Bitcoin halving?
Card 71 · Captain
Which combination correctly describes the first Bitcoin halving in 2012?
Card 72 · Navigator
How does the issuance of new bitcoin change over time?
Card 73 · Navigator
When are the last new bitcoin expected to be issued through mining?
Card 74 · Explorer
What is a satoshi?
Card 75 · Navigator
What happens if the only key to some bitcoin is lost forever?
Card 76 · Navigator
What can happen if fewer new bitcoin are created after a halving and demand stays high?
Card 77 · Navigator
What happens if a miner tries to create more new bitcoin than allowed?
Card 78 · Navigator
Does Bitcoin's limited supply guarantee a rising price?
Card 79 · Captain
What does 'hard money' mean?
Card 80 · Captain