You can only fold a piece of paper 8 times

Fact of Fiction?

TOTAL MYTH!

If the paper is big enough, and you have enough energy.
It’s possible to fold it as many times as you want.

But that in itself presents an epic size problem.
The average thickness of a piece of paper is 0.0039 inches. which is about a tenth of a millimeter.

Every time you fold, it doubles its width, and this continues on and on.
By the time you get to 7 folds, you already have the thickness of 128 pages.

With this math in mind, According to the Gizmodo website, 23 folds will give you a 1 kilometer thickness.

Fold it 42 times, at least theoretically. you would reach the moon.
At 51 folds Your reaching into the sun.

Fold it 103 times and it will be thicker than the observable universe.

The record for most folds in a paper belongs to an American high school student by the name of Britney Gallivan.

She successfully folded a paper 12 times. 
To be fair, it was Toilet paper.