Today marks one of the many historic moments in Bitcoin’s history
19 millionth bitcoin was issued today.
The next 2 million will be mined until the year 2140. That’s because of the halvings that occur every 4 years.
The best part about this historical event is that anyone who understands Bitcoin could have accurately predicted it at any point after it was born on Jan 3, 2009. Similarly, we can predict that 99% of the supply will be issued in 2035.
Never before in the history of mankind was it possible to verify and predict the supply of money being used. Bitcoin enables this. Show me another monetary system that is as predictable and certain as Bitcoin. SPOILER ALERT: You can’t.
All other monetary systems - be it other cryptos, or fiat currencies - are as unpredictable as anyone can imagine. That’s due to their centralized nature.
That’s just one aspect that proves Bitcoin and crypto are not the same.
If you haven’t started buying this thing - even after knowing that only around 2 million are left to be mined, even after knowing that the numbers in your bank account are not really yours, even after knowing that fiat currency is fast approaching its inevitable end - I don’t know what to tell you.
We are at the dawn of the worldwide Bitcoin adoption and they all have to fight tooth and nail for the remaining 2 million as the value Bitcoin provides to the world becomes too hard to ignore.
I know today is April Fools’ day, but I am not joking.
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