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The New Bitcoin Reality: Unraveling the Profound Shift in Cryptocurrency's Scarcity

Cryptocurrency
Jack Evans
Oct 25, 2023 at 08:52 pm

Cryptocurrency guru Stack Hodler has recently illuminated a monumental change in the world of Bitcoin, which has been under our noses but largely unnoticed. Contrary to what most people perceive, the Bitcoin we've come to know has fundamentally transformed, and the implications are staggering.

Stack Hodler's insights reveal that, during the initial 14 years of Bitcoin's existence, a staggering 93 percent of its total supply was unleashed into the market as rewards for miners. This period was marked by a flood of new Bitcoins, shaping our perception of the cryptocurrency.

However, the paradigm is shifting. Stack Hodler asserts that, in the next 14 years and beyond, Bitcoin's issuance rate will slow to a mere trickle, projected to be less than half a percent of the total supply after 2037. This impending scarcity is the linchpin to understanding the revolution taking place in the realm of digital assets.

"What you think of as 'Bitcoin' is essentially a product of that initial flood, and Bitcoin's true scarcity is yet to fully manifest," Stack Hodler contends.

He goes on to explain that as the torrent of new Bitcoin issuance subsides, and society gains a more profound comprehension of Bitcoin's monetary characteristics, the consequences will be profound. Stack Hodler foresees a future where Bitcoin becomes the most unyielding form of currency humanity has ever encountered. In this landscape, even possessing a mere 0.1 BTC could one day equate to a fortune, as people grasp its rarity compared to other assets.

The crux of Stack Hodler's message is this: the majority of individuals are vastly underestimating just how rare Bitcoin will become, particularly as a significant portion is permanently lost, and large holders steadfastly retain their coins. This growing scarcity coupled with increasing demand is poised to catapult Bitcoin's purchasing power to unprecedented heights.

Stack Hodler poetically encapsulates his vision, stating, "Pricing Bitcoin in infinite fiat will one day seem as ridiculous as pricing an ounce of gold in the Wampum used by Native Americans before colonization."

The cryptocurrency landscape is in the throes of a profound transformation, as elucidated by the visionary Stack Hodler. Bitcoin's scarcity is on the precipice of a paradigm shift, and its true potential as the most formidable form of currency is beginning to surface. Prepare for a future where the scarcity of Bitcoin defies imagination and its value soars to unprecedented heights, reshaping the very concept of wealth in the digital age.

Read more: Worldcoin Alters Orb Rewards Strategy to Enhance WLD Token Circulation, Led by Sam Altman

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