The Bitcoin Constant
It is difficult if not frightening to imagine the decisive strategic advantage the first country to adopt both Bitcoin and embryonic selection will have over the rest.The Bitcoin ConstantThe Center Cannot Hold: 10We can agree that the conditions on Earth are sufficient to support intelligent life. We are a product of the universal environment. Therefore it is safe to say the conditions in the universe at large are consistent with those that can support intelligent life, however slim the odds.We can also agree that the conditions on Earth are sufficient to support Bitcoin. Bitcoin is....
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Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system is mathematically provable, and bitcoins are scarce. When Satoshi Nakamoto created the crypto asset, the inventor set the supply cap to end at 21 million coins issued and today, there’s approximately 18.58 million BTC in circulation.....
If you’re a fan of Broadway or the world of the theater, you’ve likely seen the musical “Jekyll & Hyde.” Based on Robert Louis Stevenson’s chilling novella about a man who is a respectable doctor by day and a criminal by night, the musical premiered at the Plymouth Theater in New York in 1997. To this day, it stands as the Plymouth’s largest and longest-running production. In one of the early vocal pieces, Dr. Jekyll sings to the board of directors at the asylum that employs him. Attempting to get a new serum approved for experimentation (the same serum that transforms the doctor into his....
The constant adjustments to the measuring stick of inflation mislead and confuse those looking for a sound store of value.
Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms. Bitcoin (BTC) sellers may not have capitulated enough, but current trends are “typical” of the end of bear markets.According to data from on-chain analytics firm Glassnode, seller behavior suggests that a macro price bottom is forming.Analyst: Seller exhaustion "near" bear market lowsIn the latest hint that Bitcoin’s latest bear market is nearing its end, Glassnode has revealed that the network is currently weathering a “perfect storm” of low volatility....
The Bitcoin price is the monetary cost of a bitcoin. The term "price", as used here, is not to be confused with "value" which is a perceived regard for Bitcoin's benefits and usefulness. The Bitcoin price is expressed as an exchange rate in relation to another currency. So, for example, the Bitcoin-to-Dollar exchange rate may be $1,750 for one bitcoin, written as $1,750 BTC/USD. By design, a total of 21 million Bitcoins will be created over 100 years according to a logarithmic release function. At the time of writing, just over 13 million bitcoins are in circulation, meaning that an....