Bitcoin’s supply is controlled by protocol rules enforced by consensus: new bitcoins enter circulation through the block subsidy awarded to miners for producing valid blocks. This subsidy is programmed to halve at fixed intervals (every 210,000 blocks), which steadily reduces the rate of new coin creation over time and asymptotically approaches a capped total supply (commonly cited as 21 million BTC). This mechanism is often called the halving schedule and is the primary way limits are managed. The number of participants is not fixed; anyone can run a node or mine. There is no per-country cap and no per-person maximum enforced by the protocol—addresses and ownership are not limited that way. The supply cap emerges from the decreasing issuance schedule combined with consensus validation rules that reject blocks creating coins beyond what the schedule allows. Therefore, the correct answer is that limits are managed because rewards for mining reduce over time.