BTC 101: 3 things that make Bitcoin different đ§
1. Fixed supply
Only 21,000,000 BTC will ever exist. Ever. No more can be printed. âŒ19.8M already mined. Thatâs why people call it âdigital goldâ.
2. Halvings cut new supply
Every âŒ4 years, the reward miners get gets cut in half. Last halving was April 2024 â new BTC per day dropped from 900 to 450. Less new supply + same demand = interesting math.
3. It runs 24/7/365
No bank holidays. No âbanking hoursâ. Blocks are mined every âŒ10 mins whether itâs Christmas or 3am Sunday. The network has been up since Jan 3, 2009.
TL;DR: Bitcoinâs rules are written in code, not by people.$BTC #SpaceXS1Discloses18712BitcoinHoldings
1. Fixed supply
Only 21,000,000 BTC will ever exist. Ever. No more can be printed. âŒ19.8M already mined. Thatâs why people call it âdigital goldâ.
2. Halvings cut new supply
Every âŒ4 years, the reward miners get gets cut in half. Last halving was April 2024 â new BTC per day dropped from 900 to 450. Less new supply + same demand = interesting math.
3. It runs 24/7/365
No bank holidays. No âbanking hoursâ. Blocks are mined every âŒ10 mins whether itâs Christmas or 3am Sunday. The network has been up since Jan 3, 2009.
TL;DR: Bitcoinâs rules are written in code, not by people.$BTC #SpaceXS1Discloses18712BitcoinHoldings