$BTC supply distribution by halving epoch is wild when you see it laid out:
Epoch 0: 2.40M
Epoch 1: 1.13M
Epoch 2: 2.01M
Epoch 3: 3.69M
Epoch 4: 10.86M
Most supply (10.86M) mined in Epoch 4 when retail barely understood what mining was. Early epochs? Barely moved. Now we're in the scarcity era and everyone's fighting over crumbs.
The supply shock narrative isn't just theory anymore.
Epoch 0: 2.40M
Epoch 1: 1.13M
Epoch 2: 2.01M
Epoch 3: 3.69M
Epoch 4: 10.86M
Most supply (10.86M) mined in Epoch 4 when retail barely understood what mining was. Early epochs? Barely moved. Now we're in the scarcity era and everyone's fighting over crumbs.
The supply shock narrative isn't just theory anymore.
