Bitcoin developers to upgrade regulations for bitcoin networks

Bitcoin developers are expected to theoretically remove the 21-million-Bitcoin (BTC $39,680) supply limit from the source code, stated Cointelegraph. However, it is believed that the miners are unlikely to accept such a change, according to one analyst.

Sources revealed that the 21-million hard limit of Bitcoin is one of the fundamental principles of the Bitcoin network. This is believed to be designed to provide scarcity the gap between limited resources and unlimited wants.