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Old 02-16-2013, 10:54 PM  
mayabong
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Join Date: Jan 2010
Posts: 1,952
Quote:
Originally Posted by ottopottomouse View Post
it was blatantly obvious he meant bitcoin.
Bitcoins are produced at a predictable rate. Every 4 years it gets cut in half. Up until this past november 50 were produced every 10 minutes. It got cut to 25 this november.. in another 4 years it will get cut in half again. There will only be 21 million ever made. Right now there are about 10.7 million in circulation. Its all written in the code, and the code is open source and constantly being reviewed.
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