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21 Million Bitcoin is Non-Negotiable with Phil Geiger

The Bitcoin Matrix

00:00

All 21 Million Bitcoin Already Exists

Bitcoin's monetary policy is 21 million. So we should all stop pretending that this 21 million is like, oh, maybe it's adjustable. It's not. What miners are really doing is they're processing transactions by selling electricity to the network. And so the Bitcoin network is purchasing a ton of electricity because that is what helps it process transaction, add blocks to the blockchain.

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