$6B Worth of New Gold Reserve Found in Turkey; “Bitcoin Fixes This with Absolute Scarcity”

2020-12-24 20:26

Meanwhile, Bitcoin still has a fixed cap of 21 million — pristine scarcity. The post B Worth of New Gold Reserve Found in Turkey; “Bitcoin Fixes This with Absolute Scarcity” first appeared on BitcoinExchangeGuide.

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bitcoin scarcity → Ðåçóëüòàòîâ: 109


Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […]

2020-5-26 21:00


Bitcoin Reward Halving Takes Care Of Scarcity, But What About Utility?

Scarcity and utility are twin engines of the potential for mass adoption of Bitcoin. But one is outstripping the other, and potentially interfering with its growth. As we approach bitcoin’s third block reward halving – an event that typically causes a run-up in BTC prices in anticipation of half as many Bitcoin being created every […] The post Bitcoin Reward Halving Takes Care Of Scarcity, But What About Utility? appeared first on Crypto Briefing.

2019-10-30 21:41


Ôîòî:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Company from Israeli ask authorities for permission to pay salaries in Bitcoin

The Israeli high-tech sector is at present experiencing a brutal talent scarcity, with companies having to fight over employees with superior salaries, stock options and better perks. One such company thought of a new way to draw and preserve tech-savvy staff in this difficult situation and atmosphere- ‘offer to pay salaries in bitcoin’. The offer, […]

2018-6-17 01:38


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Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.