Why Nostr? What is Njump?
2024-04-15 13:22:52

Râu Cao ⚡ on Nostr: Newly mined BTC per day is only around 0.5% of traded volume per day at the moment. ...

Newly mined BTC per day is only around 0.5% of traded volume per day at the moment. The halving bringing that number down to 0.25% has less impact on price than a lot of people think.

The upcoming halving will still mark an important symbolic change, in addition to the psychological one, because from next week on, bitcoin's issuance (i.e. inflation) rate will be lower than that of gold for the first time ever, making it the scarcest widely used asset on the planet.
Author Public Key
npub1wu5hjr8g4gncmwgv8e9jz0clg8yrueuwe5he83nfna09w58n5aeqgzgakr