Burning Bitcoin Keys for Long-Term Scarcity
MicroStrategy chairman Michael Saylor proposes burning Bitcoin personal keys after dying to completely take away cash from circulation, boosting Bitcoin’s ...
Tag: scarcity
Forget about AI GPU scarcity: data center operators may have to wait a whopping three years to get key component — and this may be killing off competition by driving smaller operators out
The GenAI GPU shortage has already sparked a surge in demand, elevated prices, and diminished availability. Nonetheless, one other urgent ...
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
One of many largest components differentiating Bitcoin (BTC) from fiat forex and most cryptocurrencies is the onerous restrict of 21 ...
Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a DISCOVERY, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. : Bitcoin
This sort of summary reasoning is just not my favourite subject.However cash is, and bitcoin has these properties you point ...
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