Bitcoin Infinity Day is celebrated on August 21st.
August 21st is the traditional Bitcoin Infinity Day, a date on which the maximum supply of the digital asset is typically reached, precisely 21 million
Bitcoin Infinity Day is celebrated on August 21st. It is an emblematic date celebrated since 2021, which combines the well-known infinity symbol and the number 8. But in reality, it is the day of the largest supply of Bitcoin, at 21 million units.
There is a reference to the origin of Bitcoin Infinity Day that connects it to the Swedish writer Knut Svanholm, author of several books related to Bitcoin.
According to Svanholm, “the date 8/21 can be written this way: 8/21, the number eight represents the infinity symbol, and 21 refers to the maximum supply the Bitcoin network can generate: 21 million BTC.”
Simply put, this date celebrates the concept that all value is divided into 21 million units (the total amount of Bitcoin) and motivates BTC holders to keep or sell only on August 21, energizing the market.
M.Pino
Source: birbo.io
(Reference image source: Jonathan Borba on Unsplash)
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