Artist: Alix Branwyn
Title: 21 Million Bitcoin Club
Denomination (BTC): 100 Bits (1/10,000 of a bitcoin)
Material: Published on Hahnemühle museum quality paper with archival inks
Printing: Small (100), Medium (11), Large (10)
Certificate of Authenticity: Yes
Weight (g): -
Size (inch): Small (8.5" x 11"), Medium (18" x 24"), Large (24" x 30")
Manufacturer: USA, Austin, TX
The 21 Million Bitcoin Club– the new class of wealthy elite that becomes increasingly more difficult to join. By design, there will never be more than 21 million bitcoins. If you hold the private key to a whole bitcoin, you control something scarce.
The basic purpose of money is to serve as a measuring tool (unit of account) that can be exchanged to keep track of stored value. It seems strange to inflate its supply to disincentivize saving and even stranger for the supply to be set by the whims of a few individuals. Yet, modern fiat currencies are issued in this manner. They push an agenda that conflates real consumer wants with macro economic needs. In this context, Bitcoin’s hard cap challenges the notion that a currency can’t be deflationary and that issuance requires policy set by monetary authorities.