
Tech Earnings and AI's Rise
Bloomberg Tech
00:00
Bitcoin's First Recession
Right now the most we can produce on a daily basis of Bitcoin mine is 900 coins a day before that was 1800 before the last halving. So right now the total supply is running around 2%. It's right around the historical measure of gold. A year from now it's going to drop below 1% because it's just a fineable diminishing. That's the beauty of it and all those miners are fighting for more and more. No other commodity does that. You can say prices go up, supply comes on, tip particularly with gold it does too. But what's happening now is people are anticipating now it's gonna do what it did in the past.
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