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Basics_01: Intro to Bitcoin
Blue Collar Bitcoin
What Does Bitcoin Mean for You?
Bitcoin has a fixed cap supply. At the moment, there's a little over 19 million in circulation. Once we hit that 21 million supply cap of new issuance, then over time it will be slowly but surely deflationary as in reduced supply. Now, why that's important is ultimately it becomes deflationary because people will lose their keys. There's already been instances and well-known documented events where people have lost 10,000 Bitcoin on a laptop in landfill. That does tell us exactly when we sort of pose that question before we joined. Like, what does Bitcoin mean for you? The same things echoed on my notes here was incentives and introducing a deflationary, what becomes deflationary currency
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