Why Did Satoshi Nakamoto Choose 21M as Bitcoin’s Maximum Supply?

[cheezcarls]

Bitcoin’s maximum supply was set at 21M on day one by Satoshi Nakamoto. What was his reasoning for this benchmark?

Bitcoin is famous for being a deflationary currency. Its total circulating supply is capped at 21M and can never be altered. Although many have discussed the reasons for instituting a maximum cap, few know about why Satoshi chose 21M as the benchmark.

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For me, I think one reason why Satoshi Nakamoto only limits his supply to 21 million is because he is thinking of the demand rather than the supply. This is why Bitcoin's price is so enormous right now no matter if it's uptrending or downtrending.

I know you have your own reasons or opinions. Kindly share it here. Cheers!