#Bitcoin producing blocks flawlessly for the last 15 years, processed 1 billion transaction.
The next Billion transactions would be processed in half the time or lesser.
A very strong network in the making 🔥🔥
with #Bitcoin block 840000 mined, the ordinals validates, how collectors biased is prevalent among us. Such events on-chain or off-chain with significance will be used as a as a bookmark in time and fees paid would validate it. This is bound to repeat many more times in the future
Fees paid for #Bitcoin block 840000 -> 37.626 BTC
subsidy for #Bitcoin block 840000 -> 3.125 BTC
A total of $2.4 million was mined by ViaBTC, fascinating
💯, with #Bitcoin block 840000 mined, the ordinals validates, how collectors biased is prevalent among us. Such events on-chain or off-chain with significance will be used as a as a bookmark in time and fees paid would validate it. This is bound to repeat many more times in the future
Fees paid for
#Bitcoin block 840000 -> 37.626 BTC
subsidy for
#Bitcoin block 840000 -> 3.125 BTC
A total of $2.4 million was mined by ViaBTC, fascinating
https://mempool.space/block/0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5
nice, with #Bitcoin block 840000 mined, the ordinals validates, how collectors biased is prevalent among us. Such events on-chain or off-chain with significance will be used as a as a bookmark in time and fees paid would validate it. This is bound to repeat many more times in the future
Fees paid for
#Bitcoin block 840000 -> 37.626 BTC
subsidy for
#Bitcoin block 840000 -> 3.125 BTC
A total of $2.4 million was mined by ViaBTC, fascinating
https://mempool.space/block/0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5
💯with #Bitcoin block 840000 mined, the ordinals validates, how collectors biased is prevalent among us. Such events on-chain or off-chain with significance will be used as a as a bookmark in time and fees paid would validate it. This is bound to repeat many more times in the future
Fees paid for
#Bitcoin block 840000 -> 37.626 BTC
subsidy for
#Bitcoin block 840000 -> 3.125 BTC
A total of $2.4 million was mined by ViaBTC, fascinating
💯, with #Bitcoin block 840000 mined, the ordinals validates, how collectors biased is prevalent among us. Such events on-chain or off-chain with significance will be used as a as a bookmark in time and fees paid would validate it. This is bound to repeat many more times in the future
Fees paid for
#Bitcoin block 840000 -> 37.626 BTC
subsidy for
#Bitcoin block 840000 -> 3.125 BTC
A total of $2.4 million was mined by ViaBTC, fascinating
https://mempool.space/block/0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5
#Bitcoin block 840000 is going be very interesting, especially after introduction of ordinals, the 1st sat of the block would see extreme competition where the pees paid will one of the highest so far.
#BitcoinHalving #Bitcoin
Most likely it would not, as gold was only susceptible to fiat because of the lack of ability to settle quickly across borders. Fiat currency stepped in to fill that gap, which in turn ended up being concentrated with custodians who were forced to relinquish it (as it is easier to enforce the law on a few entities).
Coming to #Bitcoin, its capability for instant settlement solves the above issue immediately.
Once the volatility subsides, the use case for #Bitcoin as a medium of exchange will fully emerge. Currently, this is being observed in countries experiencing double to triple-digit inflation. The Lightning Network conducts transactions at volumes 10 times greater than what was possible just a few years ago, despite the capacity being the same.
Maybe in another 10-15 years, it might become commonplace for #Bitcoin payments to be accepted as an alternative payment method alongside the dollar.
The best part is price against #Bitcoin would either go down or stay constant going forward, perfect tool to save wealth in. (barring any supply specific demand)
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