==== BIP 0042 - A finite monetary supply for Bitcoin (soft fork)  ====
[[dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips| return to the Bitcoin Improvement Proposals ]]

<table>
<caption>Data sheet for A finite monetary supply for [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]]  </caption>
| Title                      | A finite monetary supply for Bitcoin  |
| Layer                      | Consensus (soft fork) |
| Author                     | Pieter Wuille	 |
| Comments-Summary           | Summary: Unanimously Recommended for implementation |
| Comments-URI               | [[https://github.com/bitcoin/bips/wiki/Comments:BIP-0042]]    |
| Status                     | Final | 
| Type                       | Standards Track | 
| Created                    | 2014-04-01  |
| Post History               |  |
| Description                | [[https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki]] |
| License                    | PD |
</table>

  : **Note**: The following is an excerpt from the official Bitcoin site. It is provided here as a convenience and is not authoritative. Refer to the original document(s) as the authoritative reference.

=== Abstract ===
  : //Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.//

  : //This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|wallet]] clients should [[dido:public:ra:xapend:xapend.a_glossary:s:switch|switch]] to it by default.//

  : //To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.//

=== Copyright ===
  : //This document is placed in the public domain.//