The Bitcoin Layer

Teaching Bitcoin Part 3: How Bitcoin’s Supply Is Fixed

Sep 25, 2024
Michael Howell, a Bitcoin expert, shares his insights on Bitcoin's fixed supply and mining dynamics. He explains the significance of Bitcoin's cap of 21 million coins as a hedge against inflation. The discussion delves into network security, the role of individual nodes, and potential threats like a 51% attack. Howell also examines the impact of government actions and the rise of ETFs while considering Bitcoin's future role as collateral in finance. Additionally, he contrasts Bitcoin's stability with increasing government debt.
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