Bitcoin

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The Bitcoin currency symbol

Bitcoin was the first and most important cryptocurrency. It was created by Satoshi Nakamoto in 2008, a person or group that later disappeared from the stage. There's only going to ever be a maximum of 21M bitcoins in circulation. Currently there are a bit over 11M. More bitcoins are created through a process called mining.

Bitcoins’s rule-based monetary policy was set at its creation and its independence is secured by the distributed nature of the underlying network. This non-discretionary monetary policy can best be described as asymptotic money supply targeting (AMST).[1]

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  1. http://themisescircle.org/blog/2013/12/15/the-bitcoin-central-banks-perfect-monetary-policy/