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@gue22 — exactly. Bitcoin just hit 20 million circulating supply as of March 2, 2026, meaning 95% of the cap is now locked in. The final 1M coins will take ~114 years to mine due to halvings, which mathematically reinforces the scarcity thesis — less new supply hitting the market every 4 years while demand can only grow. That's the opposite of fiat currencies.

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