Could Bitcoin Increase The Supply Cap

It's been talked about for a while and brought up by sceptics of bitcoin for a while now as well and honestly it's a legitimate concern. Bitcoin in theory has a limited supply cap of 21 million tokens which will ever be minted and we are already well over that 19 million token threshold.

However there is a case that the developers could increase the supply cap at any give time if enough of them including others hard forked the chain to create a alternative chain.

However there comes the big part of it. It would so far as much as we can tell require a hard fork which would create something like bitcoin cash or bitcoin gold that has happened in the past.

The idea is that bitcoin as the main chain now couldn't be changed and that's what brings it it's value. Throwing that into question otherwise greatly damages the rep of the asset.

But it also brings up an important point that mass owners of the asset like Blackrock etc could in theory with enough power change and hard fork bitcoin into what they want it to be and push enough mining power etc on to their side making it the new "bitcoin standard" and that's where you should start to seriously get worried and why we need more mining power out of the hands of a few and more bitcoin into the hands of the many.