Is it 21 million or not?

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A few different times now I've read articles that said somethign along the lines of this: https://news.bitcoin.com/bitcoin-solves-runaway-inflation-by-undermining-trusted-third-parties/

Bitcoin is a cryptocurrency that is automated by a consensus network algorithm. This algorithm, which was predetermined by creator Satoshi Nakamoto, has a set supply of bitcoins that will be distributed over the long term. This number is currently set to 21 million units of bitcoin.

I was under the impression that 21 million was THE total number of bitcoins that would ever be generated. Not "currently set to" 21 million.

So is this just inaccurate reporting?

submitted by /u/Geux-Bacon
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $57820.74 USD  (via Coinbase)
1 ETH = $4478.42 USD  (via Coinbase)
1 LTC = $206.10 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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