Total circulation will be 21,000,000 coins. It'll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years.
First 4 years: 10,500,000 coins
Next 4 years: 5,250,000 coins
Next 4 years: 2,625,000 coins
Next 4 years: 1,312,500 coins
etc...
When that runs out, the system can support transaction fees if needed. It's based on open market competition, and there will probably always be nodes willing to process transactions for free.
#Satoshi #Nakamoto
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This text is part of the Bitcoin whitepaper, written by Satoshi Nakamoto, and explains how Bitcoin’s issuance process works. Here’s what it means:
1. Total Supply of $BTC :
Bitcoin’s supply is capped at 21 million coins, meaning no more coins can ever be created. This makes Bitcoin a scarce and valuable asset, similar to gold.
2. #HALVİNG Process (Reward Reduction):
Bitcoin is mined by validating transactions through a decentralized network. Miners receive rewards in the form of new bitcoins, but this reward is cut in half approximately every 4 years (a process known as halving).
For example:
First 4 years (2009–2012): 10,500,000 bitcoins were mined.
Next 4 years (2012–2016): 5,250,000 bitcoins.
This process continues, with the reward decreasing every 4 years, until the total supply is mined.
3. When All Bitcoins Are Mined:
It’s estimated that all 21 million bitcoins will be mined by the year 2140. At that point, miners will no longer receive new bitcoins as rewards. Instead, they will earn transaction fees from users.
4. Why This Design?
The purpose of this system is to prevent inflation, unlike fiat currencies, which can lose value due to excessive printing. Bitcoin’s fixed supply and gradual reduction in rewards ensure its scarcity and growing value over time.
🤯🤯🤯🤯🤯🤯🤯😎😎😎😎😎😎
Benefits of Bitcoin:
1. Protection Against #Inflation :
Bitcoin’s limited supply makes it resistant to inflation, unlike traditional currencies, whose value can decrease over time.
2. Financial Inclusion:
Bitcoin allows anyone with an internet connection to participate in the global economy, especially in regions where banking services are limited.
3. Fast and Low-Cost Transactions:
Bitcoin enables quick and cost-effective transfers worldwide, without relying on intermediaries like banks or remittance services.
4. Decentralization and Transparency:
Bitcoin operates on a decentralized blockchain, meaning no single entity controls it. Additionally, all transactions are publicly verifiable, ensuring trust and security.
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Bitcoin’s unique design ensures that it is scarce, secure, and resistant to inflation, making it a revolutionary financial tool for individuals, businesses, and even nations.
#USJoblessClaimsDrop

Today is the 16th birthday of #Bitcoin , which is bought by the world's largest companies, legalized by their countries and now accepted by everyone... Satoshi Nakamoto created the first mining block in Bitcoin on January 3, 2009 and officially launched the Bitcoin system. Satoshi also wrote his historical message on the first block he mined.
Today is Bitcoin's birthday... After publishing the whitepaper on October 31, 2008, Bitcoin's creator Satoshi Nakamoto officially launched the system on January 3, 2009 and created the first block. This block, called "Genesis" or the starting block, also gave the first reward of 50 BTC.
The historical message in the first block...
#Satoshi , whose identity (or identity) is still unknown today and whose existence is even a matter of debate, wrote his historical message on the starting block. The headline of the British newspaper The Times of that day, "Chancellor on brink of second bailout for banks", was officially written on the first block that was mined.
The Times headline read, “Finance minister prepares 2nd bailout package for banks.” This meant that the state would bail out the banks (for the second time) in order to overcome the economic crisis.
By putting this headline in the first block, Satoshi was actually sending the message to the world that Bitcoin was the real salvation path outside of this system.
It was discussed for years and now it is accepted
Bitcoin, which was discussed for years whether it was a Ponzi system or not, was wanted to be banned but could not be banned and finally accepted by large companies, heads of state and countries, has reached a position where it has a market value of 2 trillion dollars today.
With its limited supply of 21 million units, decentralization, open source code, mining system and many other features, Bitcoin continues to grow every day.
#USStateBuysBTC #BTC #Binance250Million

Sixteen years ago, on January 3, 2009, the digital finance world witnessed a revolutionary innovation. An anonymous individual or group under the pseudonym Satoshi Nakamoto created the Genesis Block, the cornerstone of Bitcoin, and launched the first cryptocurrency. This block contained just 50 Bitcoin but also carried a profound message: “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.” This statement sharply criticized the financial system’s failures and highlighted the flaws of centralized structures. Bitcoin was not just a payment tool but the foundation of a more transparent, fairer, and decentralized financial system. Today, it stands as a symbol of financial freedom for millions.
2008, during a global economic crisis, Satoshi Nakamoto published a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. This document proposed a payment system that functioned directly between users, eliminating the need for intermediary institutions. Unlike traditional financial systems, it relied on cryptography, transferring trust from centralized entities to a distributed network. This vision of empowering individuals quickly transformed into a global movement.
On January 3, 2009, the Genesis Block was mined, marking the beginning of the Bitcoin network. The first transaction occurred between Nakamoto and Hal Finney, one of Bitcoin’s earliest supporters and miners. On May 22, 2010, programmer Laszlo Hanyecz made history by buying two pizzas with 10,000 Bitcoin worth billions. Between 2010 and 2011, the community grew, exchanges launched, and Bitcoin’s price fluctuated. By 2013, it surpassed $1,000, solidifying its status as “digital gold.” Beyond its economic value, Bitcoin’s underlying blockchain technology gained recognition for its potential in diverse fields like supply chain, healthcare, and governance.

Blockchain is the groundbreaking technology powering Bitcoin. It is a sequence of linked blocks, each containing transaction records. Each block references the cryptographic hash of its predecessor, ensuring security and transparency. Blockchain eliminates the need for intermediaries; instead of banks verifying transactions, miners on the Bitcoin network validate and add them to the chain. Mining is a process that requires solving complex mathematical problems to verify transactions and create new Bitcoin. Miners are rewarded for their efforts, but the process demands significant energy, sparking sustainability concerns. Efforts to use renewable energy are gaining momentum.
Bitcoin’s pseudonymity ensures privacy. Transactions are publicly recorded, but user identities remain hidden behind wallet addresses. While this protects privacy, sophisticated methods can trace transactions. The network’s decentralized ledger, distributed across participants, makes it highly secure and resistant to attacks. Though a 51% attack is theoretically possible, Bitcoin’s vast scale makes it practically improbable.
Bitcoin’s appeal lies in its decentralization. It operates independently of banks, governments, or financial institutions, ensuring freedom and autonomy for users. It also provides financial access to unbanked populations, allowing anyone with internet access to use it. Transaction costs are significantly lower than traditional payment systems, making Bitcoin ideal for cross-border payments. Blockchain ensures transparency; transactions are verifiable, yet users retain control over their identities.
However, challenges persist. Bitcoin’s volatility exposes investors to risks. Regulatory uncertainty further complicates its adoption, with some countries embracing Bitcoin and others imposing restrictions or bans. Mining’s environmental impact remains a concern, but adopting innovative technologies and renewable energy addresses this issue. Another obstacle is scalability, including transaction delays and high fees during peak times. Solutions like the Lightning Network aim to improve speed and cost-efficiency.
Bitcoin’s impact on traditional finance is profound. It challenges established models with its low-cost, fast payment mechanism and inspires developments like stablecoins and central bank digital currencies (CBDCs). For populations without banking access, Bitcoin enables participation in the global economy, reducing reliance on centralized controls. Institutional interest is also rising, with companies like Tesla and MicroStrategy incorporating Bitcoin into their portfolios. Bitcoin exchange-traded funds (ETFs) have further simplified access for retail investors.

With a capped supply of 21 million, Bitcoin is often called “digital gold,” a deflationary asset and a potential store of value. Its potential as a global reserve currency is debated, but achieving this status requires addressing its volatility and scalability issues. The Lightning Network and renewable energy initiatives are pivotal in shaping Bitcoin’s future.
Sixteen years since its inception, Bitcoin remains a revolutionary force in finance. Its decentralized structure and resistance to censorship symbolize freedom, while its blockchain infrastructure extends beyond finance into healthcare, logistics, and governance. Bitcoin empowers individuals to reclaim financial control, redefining the concept of financial independence. Its future depends on technological advancements and regulatory frameworks, but it stands as one of the most transformative innovations of the 21st century. The power of decentralization is in the hands of individuals, shaping a freer and more transparent world.

#BIOOnBinance
#USJoblessClaimsDrop
#Bitcoin
#Blockchain
#Satoshi

Introduction: Launched in 2008 under the pseudonym Satoshi Nakamoto, Bitcoin catalyzed a revolution in the financial world. Its creation marked the emergence of a new era in electronic money and blockchain technology. With an innovative approach to decentralization and cryptography, Bitcoin has gained popularity despite challenges and doubts. Let's take a closer look at the ten facts that determined its history and impact on the world economy. Here are the following facts1. Creation of Bitcoin: Introduced by Satoshi Nakamoto in 2008.2. The Mystery of Satoshi: The identity of Satoshi remains unknown.3. Limited supply: The maximum possible number of bitcoins is 21 million.4. Blockchain technology: Used to record transactions.5. First transaction: Purchase of two pizzas in 2010 for 10,000 bitcoins. 6. Bitcoin and Anonymity: Provides anonymity and privacy.7. Maximum decentralization: Does not depend on central institutions or governments.8. Huge increase in value: From a few cents in 2010 to thousands of dollars in 2017.9. Acceptance by companies: Many companies accept Bitcoin as payment.10. Fractions of Bitcoin: Can be divided into satoshis. 11. Bitcoin and several forks: New cryptocurrencies emerged due to forks. 12. Launch of Mt.Gox: The first bitcoin exchange in 2010.13. Bitcoin futures: The Bitcoin futures market was opened in 2017. 14. Bitcoin as a means of protection against inflation: Many investors were interested. 15. Mining: The process of mining Bitcoin using hardware. 16. Decentralized network: Individuals and companies can join the network. 17. QR codes for payment: Simplified payment process using QR codes. 18. The price of bitcoin affects the market: Changes due to speculation and events. 19. Digital wallet: A place to store bitcoins.20. Many experts compare Bitcoin to gold: Considered digital gold. 21. Legal status in different countries: Legality is defined in different ways. 22. Transaction volume: More than 300 thousand transactions daily. 23. Blockchain in various industries: Used from industry to healthcare. 24. Using Bitcoin for Charity: Charitable contributions are made. 25. Bitcoin Network Market: The index reflects the value of Bitcoin compared to other currencies.26. Consumed electricity: Mining requires significant energy resources. 27. The term "mining farm": Used to describe mining equipment.28. Forums and Communities: An important aspect for discussing the development of Bitcoin. 29. Number of public keys: Huge number of unique wallets.30. Bitcoin as an investment tool: Attracts the attention of investors from various fields. 31. The concept of "bitcoin rich": Has become common among the Internet community. 32. Hyperbitcoinization: A theory about the potential universal adoption of Bitcoin.33. Bitcoin as a Store of Value: Viewed as "Digital Gold".#BTSUSDT #crypto2024SpaceCatch #satoshi