Every year, about 2% more gold is mined and added to the global supply. That means your share of the total gold shrinks over time, even if you never sell. Mathematically, this dilution follows an exponential curve. In ~36 years, your percentage of ownership in the world's gold supply is cut in half. So across a lifetime, your gold wealth is halved twice just by new mining supply entering circulation. The profound idea here is that Bitcoin's supply growth trends to 0% with absolute certainty. That means the half-life is infinite. Your share never gets diluted whether you live 70 years or 7,000.

Doing everything he can to stack the dip - are you?

Wages were paid twice a day because money lost its ability to buy bread in a matter of hours.

“Where does Bitcoin go from here Michael?”

Bitcoin promotes minimalism

I wish the word “crypto” would fade away. If we call money by the channel it travels through - then we should call anything we read online as “packets” instead of information.

When someone says: “Bitcoin uses too much energy” what they are really saying is.. “Bitcoin is too secure, too hard to attack, and is too decentralized to control” Energy consumption IS the point.

I don’t tell just anyone this, Nostr

Difficulty adjustment is as follows: New Target = Old Target • (Actual time/ Expected time) Important to note that it can only be adjusted up and down by a factor of 4. If (Actual/Expected) > 4 then (NewTarget=OldTarget•4) If (Actual/Expected) < 1/4 then (NewTarget=OldTarget •1/4) Basically this means no matter what the world does - bitcoin is designed to adjust to keep the blocks at 10 minutes per.