Discovering Bitcoin Part 5: Digital Scarcity

2019-9-21 16:00

In the fifth installment of Giacomo Zucco’s “Discovering Bitcoin” series, he explores concepts of scarcity in the “virtual” world, energy consumption and digital “hardness.” The post Discovering Bitcoin Part 5: Digital Scarcity appeared first on Bitcoin Magazine. origin »

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bitcoin scarcity digital discovering part hardness consumption

Èñòî÷íèê: bitcoinmagazine.com

bitcoin scarcity → Ðåçóëüòàòîâ: 48


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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Discovering Bitcoin Part 4: A Wrong Turn (New Plan Needed)!

In part four of Giacomo Zucco’s “Discovering Bitcoin” series, he explores the concepts of virtualization, monopolies and decentralization. The post Discovering Bitcoin Part 4: A Wrong Turn (New Plan Needed)! appeared first on Bitcoin Magazine.

Discovering Bitcoin Part 3: Introducing Money

In part three of Giacomo Zucco’s “Discovering Bitcoin” series, he explores the concepts of scarcity, liquidity and social “hardness” of goods. The post Discovering Bitcoin Part 3: Introducing Money appeared first on Bitcoin Magazine.

Discovering Bitcoin Part 2: About People

Giacomo Zucco continues his Discovering Bitcoin series, building on ideas around growing wealth and exploring the concepts of exchange, specialization and “darkness.” The post Discovering Bitcoin Part 2: About People appeared first on Bitcoin Magazine.

Discovering Bitcoin Part 1: About Time

In part one of Giacomo Zucco’s “Discovering Bitcoin” series, he reimagines the period of monetary history prior to fiat money. The post Discovering Bitcoin Part 1: About Time appeared first on Bitcoin Magazine.

It ‘Doesn’t Work’: Cryptocurrency Community Tells airBaltic To Ditch BitPay

BHB Network CEO Giacomo Zucco publicly urged Latvian airline airBaltic to replace BitPay as its Bitcoin payment processor September 5, claiming the company’s product “doesn’t work. ” Zucco to airBaltic: Go Open Source In a tweet, Zucco — who has become known for his support of open source alternatives to overly-centralized services both within cryptocurrency and beyond — called on airBaltic to look at switching from BitPay to open-source BTCPay and Globee.