Satoshi Nakamoto's Views on Bitcoin;

A message from Satoshi, the founder of Bitcoin:

“Imagine a base metal that is as rare as gold but has the following workings:

1-It is dull gray.

2-It does not conduct electricity well.

3-It is particularly strong, but not malleable or easily malleable.

4-It is not useful for any practical or decorative purpose and has a special magical trick: it can be transported over a communication channel.”

Bitcoin Supply and Value Proposition

94% of the total Bitcoin supply has now been issued. Bitcoin's supply program has reached an important milestone: Nearly 94% of the total Bitcoin supply has been mined. From the fixed cap of 21 million, 19.74 million more BTC have been mined to date. This leaves only about 1.26 million BTC to be mined. According to estimates, with the current 6.25 BTC block reward, it would take more than 100 characters to fully mint the remaining supply. Experts predict that by charging miners instead of subsidizing them, 99.9% of all Bitcoin will be mined by 2140.

This controlled provision program is an important part of Bitcoin's value. Designed to make Bitcoin rarer as issuance slows and demand for it grows, it is an attractive feature against unlimited fiat money minting and devaluation.

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