Let's start with a big number - 8,000,000,000. That's how many people we have on Earth. 🌍

Now think about this - there are only 21,000,000 #BTC that will ever exist.

Of those, around 4,000,000 are likely gone for good, lost in forgotten wallets and hard drives.

The creator of Bitcoin, known only as #SatoshiNakamoto , is believed to own 1,000,000 of them.

Another 1,500,000 are still out there, waiting to be mined over the next 117 years. 🕰️

What Does This Mean?

So, let's break it down.

We've got 14,500,000 Bitcoins and 8,000,000,000 people. If we adjust for size, that's like 14.5 Bitcoin for every 8,000 people. 📊 Imagine a stadium filled with 8000 people, all scrambling to get a share of just 14.5 liters of water.

That's the kind of scarcity we're talking about here.

The Scarcity & Future of Bitcoin

Bitcoin isn't just any old thing, though. It's a type of security, a way of storing wealth that's perfect in its design. Think of it as a modern Noah's Ark, but for money - a safe haven that's open to everyone. 🚢

As the value of regular, or "fiat" money, wanes in the future, the worth of 1 Bitcoin is likely to skyrocket beyond our wildest dreams. It might become so valuable that it's hard to understand just how much it's really worth.

Even a tiny fraction of a #bitcoin – let's say 1/10th - could be worth more than we can imagine.🤔

Fast forward to the year 2044. The reward for mining a block of Bitcoins will have dropped below 10% of a Bitcoin for the first time. It's hard to comprehend how much value this tiny slice of the Bitcoin pie will represent for our society and our future generations. 👨‍👩‍👧‍👦

Conclusion

The mathematics and brilliance behind Bitcoin should leave us in awe. As time goes on, more and more people are beginning to understand and appreciate this.

As we consider the scarcity and potential future value of Bitcoin, it's a testament to human innovation and a glimpse into a future where digital currency could reign supreme. 🚀

If you found this article helpful, interesting, or just plain entertaining, show us some love! Hit that "like" button, drop a comment, and don't forget to share it with your friends who need to know about "argument"! 👍📝📤

$BTC

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Tokenization is the process of transforming traditional assets, such as real estate, stocks, bonds, commodities, or other ownership rights, into digital tokens on a blockchain network. These digital tokens are cryptographic representations of real-world assets and are issued on a blockchain network, such as Ethereum #Binance Smart Chain, or other compatible platforms.

The tokenization process involves the following steps:

Asset identification: Initially, the traditional asset to be tokenized is identified and evaluated.

Token issuance: Once the asset is identified, a specific "smart contract" or protocol is created for the chosen blockchain network. This smart contract defines the rules and parameters for the issuance and management of the digital tokens.

Conversion into digital tokens: The traditional asset is represented in digital form, and ownership of it is transferred to the smart contract. Digital tokens are created, and their number is determined based on the value and subdivision of the traditional asset.

Distribution of tokens: Digital tokens can be distributed and transferred to owners through blockchain transactions. These transactions are recorded and verified transparently on the blockchain.

The benefits of tokenization include:

Improved liquidity: Tokenization allows dividing an asset into smaller parts, making it more accessible for investment and trading.

Global accessibility: Digital tokens can be traded at any time and from anywhere in the world, without geographical restrictions or time limitations.

Reduced fraud: Blockchain technology ensures transparency and security in transactions, reducing the risk of fraud and asset counterfeiting.

Efficiency and lower costs: The process of trading and transferring tokens is faster and more efficient compared to traditional assets, leading to lower costs for market participants.

Diversification and access to new asset classes: Tokenization provides investors with access to new asset classes or markets that might have been otherwise inaccessible or costly.

With all these advantages, tokenization opens up new opportunities for innovation in the financial world and represents a key element in the development of the digital economy and the Web3 concept.

#tokenization

🎁🔥 Next CryptoBox Giveaway: Question about Worldcoin! 🎉🎁

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Binance, one of the world's leading cryptocurrency exchanges, has announced the listing of Worldcoin's WLD token, opening up new spot trading pairs, WLD/BTC, and WLD/USDT. The WLD recharge channel is now available, and withdrawals are expected to begin on July 25, 2023.

Worldcoin, co-created by Sam Altman, has garnered attention for its unique approach to identity verification through iris-scanning orbs. The project has faced criticism from privacy advocates but aims to help people prove their identity online more securely.

The #WLD token launch is a significant milestone for Worldcoin, with over two million individuals verified, primarily in the Global South, set to receive their tokens. Today's launch comes after multiple delays and follows the completion of Worldcoin's migration to the OP Mainnet, a Layer 2 scaling solution.

The team behind Worldcoin promises to accelerate sign-ups by deploying orbs in more than 35 cities across 20 countries globally. People verified by an orb will receive 25 WLD tokens initially, with periodic grants going forward. Notably, Worldcoin has stated that its tokens will not be available in the United States due to regulatory concerns.

With a total supply of 10 billion WLD tokens, the project aims to address the need for privacy-first, decentralized, and inclusive proof of personhood solutions in the age of rapid AI development.

Worldcoin envisions a broad range of use cases for its protocol and verified credentials, including uncollateralized lending programs, universal basic income models, and applications in the metaverse.

As the crypto community eagerly awaits the WLD token's trading, Worldcoin continues to make strides in its mission to revolutionize identity verification and digital interactions globally. Stay tuned for further developments and exciting opportunities in the DeFi space. #Binance #MultiChain