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Money, Greed and Bitcoin

Bitcoin has started to see some changes lately that even the most optimistic Bitcoin enthusiasts could not have predicted would come so soon. It is starting to be adopted by countries and the price is rising. So do you know what the relationship is between dirty money, human greed and the sacred Bitcoin?you must have view Bitcoin · The Lord of the Rings · Musk    Bitcoin While there are many different types of digital currencies, the most widely used is Bitcoin. Bitcoin is a decentralized virtual currency based on a peer-to-peer (P2P) network distribution model. The core functionality of this system relies on a public ledger called the blockchain. This ledger is constantly updated with all transactions that have occurred...

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Is Satoshi Nakamoto the richest man in the world?

There is controversy over whether Satoshi Nakamoto is currently the richest man in the world. According to Forbes' real-time billionaire rankings on June 1, 2024, Tesla's Elon Musk is the richest person in the world. However, if the price of Bitcoin increases significantly, Satoshi Nakamoto could become the richest man in the world. Satoshi Nakamoto’s Bitcoin holdings are huge. If the price of Bitcoin reaches $190,000, his wealth will increase significantly, and he may exceed becoming the world’s richest man. But the most suspicious thing now is who is Satoshi Nakamoto?The identity of Bitcoin founder "Satoshi Nakamoto" has always been a mystery.Recently, HBO's latest documentary "Money Electric: The Bitcoin Mystery" was launched. Director Cullen Hoback identified the protagonist of the...

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Bitcoin as a luxury good,is another scam?

Recently, China's largest purchasing agents, pandabuy were raided by the Chinese government and certain organizations in the UK. Six warehouses have not been inspected until today. With potentially millions of packages being delayed, this is the largest clearance campaign conducted by a well-known European brand in China so far. The reason may be that the swoosh brand in Nike has encountered unprecedented attacks in the counterfeit market. tiktok acted as a catalyst.Millions of international buyers are talking about this, after all, they are also victims. Some buyers actually think that those luxury brands are actually scams, and they don’t want to be fooled, so they buy fakes! Here are some of their views;(1) “Designer” brand like Gucci, Louis Vuitton, Balenciaga, Versace...

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Bitcoin Inflation VS Time

These charts show the monetary (supply) inflation of Bitcoin. They bear no relation to price inflation, which is an entirely distinct phenomenon. When Austrian economists say "inflation," they're typically referring to monetary inflation, whereas Keynesian economists are typically referring to price inflation. Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end...

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