#CryptocurrencyWealth
Today news $BTC
Bitcoin was trading up 0.07% at $63,065.7 as of 05:11 ET (09:11 GMT) as the world’s leading crypto oscillated within a narrow range of $62,862 to $63,112 after slipping below $63,000 during the previous session.
Saylor described money as a technology for storing and transferring the economic value created through labour, intelligence, time and natural resources. He argued that monetary systems should be judged by how well they preserve that value across time and distance.
Gold historically filled this role through its durability and scarcity, but its physical form incurs transportation, storage, authentication, and custody costs, he said.
Fiat currencies improved portability but introduced political risks, including inflation, account restrictions and supply expansion controlled by governments and central banks.
Bitcoin attempts to address both weaknesses through a fixed supply, decentralised network and cryptographic ownership. Saylor said its proof-of-work system connects digital property to physical energy by requiring miners to expend computing power to secure the network.
Its capped supply remains a central part of that thesis. About 20.07 million of the maximum 21 million Bitcoin have been mined, leaving roughly 929,465 tokens.
Programmed halvings will continue slowing issuance, with the 2028 event expected to reduce daily production from 450 to 225 Bitcoin. The final token is projected to be mined around 2140, forcing miners to rely increasingly on transaction fees.
Today news $BTC
Bitcoin was trading up 0.07% at $63,065.7 as of 05:11 ET (09:11 GMT) as the world’s leading crypto oscillated within a narrow range of $62,862 to $63,112 after slipping below $63,000 during the previous session.
Saylor described money as a technology for storing and transferring the economic value created through labour, intelligence, time and natural resources. He argued that monetary systems should be judged by how well they preserve that value across time and distance.
Gold historically filled this role through its durability and scarcity, but its physical form incurs transportation, storage, authentication, and custody costs, he said.
Fiat currencies improved portability but introduced political risks, including inflation, account restrictions and supply expansion controlled by governments and central banks.
Bitcoin attempts to address both weaknesses through a fixed supply, decentralised network and cryptographic ownership. Saylor said its proof-of-work system connects digital property to physical energy by requiring miners to expend computing power to secure the network.
Its capped supply remains a central part of that thesis. About 20.07 million of the maximum 21 million Bitcoin have been mined, leaving roughly 929,465 tokens.
Programmed halvings will continue slowing issuance, with the 2028 event expected to reduce daily production from 450 to 225 Bitcoin. The final token is projected to be mined around 2140, forcing miners to rely increasingly on transaction fees.