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Kasonso-Cryptography
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The purpose of the Bitcoin halving: 1. Control Supply, Increase Scarcity .—The block reward for miners is cut in half roughly every four years, limiting the number of new Bitcoins entering circulation. 2. Potentially Drive Price Up — With a limited supply and constant or rising demand, the price of Bitcoin could increase due to scarcity. 3. Combat Inflation –By slowing down new coin creation, halvings aim to minimize inflation within the Bitcoin system. 4. Hard Limit on Total Coins — There's a finite number of Bitcoins (21 million) that will ever be mined. Halvings help us reach that limit. 5. Milestone for Bitcoin —Each halving is a significant event in Bitcoin's history, making it progressively harder to mine new coins and boosting the value of existing ones.

The purpose of the Bitcoin halving:

1. Control Supply, Increase Scarcity .—The block reward for miners is cut in half roughly every four years, limiting the number of new Bitcoins entering circulation.

2. Potentially Drive Price Up — With a limited supply and constant or rising demand, the price of Bitcoin could increase due to scarcity.

3. Combat Inflation –By slowing down new coin creation, halvings aim to minimize inflation within the Bitcoin system.

4. Hard Limit on Total Coins — There's a finite number of Bitcoins (21 million) that will ever be mined. Halvings help us reach that limit.

5. Milestone for Bitcoin —Each halving is a significant event in Bitcoin's history, making it progressively harder to mine new coins and boosting the value of existing ones.

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Bank establishment is considered more dangerous than standing armies because of the power and influence they hold over the economy and society. Banks have the ability to control and manipulate financial markets, interest rates, and currency values, which can have far-reaching and devastating effects on the economy. Additionally, banks have the power to create money through the process of fractional reserve banking, which can lead to inflation and financial instability. Their actions can also lead to economic crises, such as the 2008 financial crisis, which had widespread repercussions on individuals, businesses, and governments. Furthermore, banks often operate with little oversight and regulation, allowing them to engage in risky and unethical practices that can harm consumers and the overall financial system. Their interconnectedness and size also make them “too big to fail,” leading to bailouts and taxpayer-funded rescues in times of crisis. In contrast, standing armies are typically under the control of governments and subject to strict regulations and oversight. While they can pose a threat to national security and engage in violent conflicts, their actions are generally more visible and predictable compared to the secretive and complex operations of banks. In summary , the power and influence wielded by banks in the global economy make them a more dangerous force than standing armies in terms of their potential to cause widespread harm and instability. Not financial advice do your own research.
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If Satoshi Nakamoto were to suddenly appear, it would have a significant impact on the cryptocurrency world. Here are some potential outcomes: 1. Market Reaction: The price of Bitcoin and other cryptocurrencies may experience significant volatility in response to Satoshi Nakamoto's reappearance. Investors and traders may react to the news by buying or selling their holdings. 2. Credibility Boost: The return of Satoshi Nakamoto could provide a credibility boost to the cryptocurrency industry. Many people view Nakamoto as a visionary figure who created Bitcoin with the goal of revolutionizing the financial system. 3. Technical Contributions: If Satoshi Nakamoto were to re-engage with the cryptocurrency community, they could potentially contribute new ideas, innovations, or improvements to the Bitcoin protocol or other blockchain projects. 4. Legal and Regulatory Issues: There could be legal and regulatory implications if Satoshi Nakamoto were to reveal their identity. Governments and regulatory bodies may seek to impose regulations or restrictions on Nakamoto's activities. 5. Community Reaction: The cryptocurrency community would likely be divided in its response to Satoshi Nakamoto's reappearance. Some may welcome it as a positive development, while others may be skeptical or critical of Nakamoto's motives. In Summary, the return of Satoshi Nakamoto would be a major event in the cryptocurrency world and could have far-reaching implications for the industry as a whole. #satoshiNakamato #Kasonso-Cryptography
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