Binance Square
LIVE
LIVE
YG crypto
--24k views
#BITCOIN Inflation Rate Sinks - A New Scarcity King? 👑 Bitcoin's inflation rate just got cut in half again! Every 4 years, the block reward halves, reducing new coin creation. This latest halving brings the annual inflation rate down to 0.85%, surpassing gold's estimated 2.3%. Could $BTC dethrone gold as the ultimate store of value? 🤔 This halving event marks a significant shift. #BTC predictable issuance schedule offers a unique level of scarcity compared to gold's more variable supply.😏

#BITCOIN Inflation Rate Sinks - A New Scarcity King? 👑

Bitcoin's inflation rate just got cut in half again! Every 4 years, the block reward halves, reducing new coin creation. This latest halving brings the annual inflation rate down to 0.85%, surpassing gold's estimated 2.3%. Could $BTC dethrone gold as the ultimate store of value? 🤔

This halving event marks a significant shift. #BTC predictable issuance schedule offers a unique level of scarcity compared to gold's more variable supply.😏

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@ygcrypto

Explore More From Creator

--
🚨BIG BREAKING: Changpeng Zhao (CZ), the visionary founder of Binance, has begun his four-month prison sentence in a California facility, marking a significant turn of events for the crypto industry. 📅 June 3, 2024 - Changpeng Zhao, the driving force behind the world's largest cryptocurrency exchange, #Binance , has embarked on a new chapter in his life as he starts serving a four-month prison sentence in California. The news comes as a shock to many in the crypto community, as #CZ , as he is fondly known, has been a prominent figure in the industry for years. 💡 The sentence stems from charges related to anti-money laundering violations, a topic that has been under intense scrutiny in the crypto world. CZ's case has set a precedent for how regulatory bodies might handle similar cases in the future. 🔍 Binance, under CZ's leadership, has been a game-changer in the #crypto space, introducing innovative products and services that have shaped the industry. However, the recent legal challenges underscore the importance of compliance in the rapidly evolving world of digital assets. 🔒 CZ's sentencing has raised questions about the future of Binance and its operations. The exchange has been a cornerstone of the crypto economy, and its resilience in the face of regulatory challenges will be closely watched by investors and enthusiasts alike. 📈 Despite the current situation, the crypto market has shown remarkable resilience, with Bitcoin and other major #cryptocurrencies continuing to trade actively. The market's ability to weather storms such as these is a testament to the growing maturity and acceptance of digital assets worldwide. #CryptoMarket 🔎 As CZ begins his sentence, the crypto community remains divided on the implications of this event. Some view it as a necessary step towards greater regulatory compliance, while others see it as a setback for innovation in the industry. #CryptoCommunity
--
🇸🇻🌟 El Salvador's Bitcoin President Bukele Secures 2nd Term in Landslide Victory! ✌️ In a groundbreaking turn of events, El Salvador's pro- #Bitcoin President Nayib Bukele has been sworn in for another five-year term following a landslide victory in February. This historic moment has sent ripples of excitement throughout the crypto industry, as El Salvador continues to pave the way for Bitcoin adoption on a national scale. Under Bukele's leadership, #ElSalvador became the first country in the world to adopt $BTC as legal tender in September 2021, marking a significant milestone in the global crypto landscape. Since then, the country has implemented various initiatives to promote the use of #BTC , including the launch of the state-backed "Chivo" wallet and the installation of hundreds of Bitcoin ATMs across the nation. The President's unwavering support for Bitcoin has not only boosted the country's economic prospects but also positioned El Salvador as a global leader in cryptocurrency adoption. Bukele's administration has been actively working on creating a regulatory framework to foster innovation and attract foreign investment in the crypto sector. The recent reelection of President #Bukele is a testament to the growing acceptance and popularity of Bitcoin among the Salvadoran population. As the country continues to embrace this digital currency, the world watches with anticipation to see how this bold move will shape the future of global finance. In the meantime, the crypto community eagerly awaits further developments in El Salvador, as the nation's Bitcoin experiment continues to unfold.
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs