The circulating supply of Bitcoin is approaching 20 million coins, marking a significant point in its fixed monetary policy. With a hard cap of 21 million coins, more than 95% of all Bitcoin that will ever exist is now in circulation. This scarcity is a fundamental aspect of the Bitcoin protocol. According to reports, the remaining million Bitcoin is projected to take approximately 114 years to be mined, illustrating the progressively slower rate of new supply issuance as the network moves closer to its maximum limit. This development highlights the long-term scarcity model inherent to Bitcoin's design.

The circulating supply of Bitcoin is approaching 20 million coins, marking a significant point in its fixed monetary policy. With a hard cap of 21 million coins, more than 95% of all Bitcoin that will ever exist is now in circulation. This scarcity is a fundamental aspect of the Bitcoin protocol. According to reports, the remaining million Bitcoin is projected to take approximately 114 years to be mined, illustrating the progressively slower rate of new supply issuance as the network moves closer to its maximum limit. This development highlights the long-term scarcity model inherent to Bitcoin's design.