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PleBeos / Angelos D.
npub1jwx…6vx3
2024-04-16 05:31:44
in reply to nevent1q…67rm

PleBeos on Nostr: Every 210000 blocks Bitcoin ensure that you will get in the next 210000 half of what ...

Every 210000 blocks Bitcoin ensure that you will get in the next 210000 half of what there will be.

This is the halving. By some magic we all go out fishing but we only can catch half of the existing fish every 4 years. This ensures sustainability.

No matter what technology we invent, no matter how many people go fishing, we can only have half. The other half is locked in the future.

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npub1jwx5dlcmnw4tu9n4e4tk6xpy7e360hpcra2xjcnxt7xj7s4q5tps6y6vx3