/biz/ - Business & Finance

>>19339666
Fuck me I remember reading this thread in real time.

Get out while you still can, Satoshi is back and he is PISSED.

>>19042479
AAAYYYY LMAO

Peter Schiff is right, bitcoin is a SCAM

>>19004443
in 2040 the number of bitcoin mined in 6 days today will take a entire year to mine.

All I know is that today 1800 bitcoins were mined and in 2060 292 bitcoins will be mined in that entire year.

2016 - 2020 1,800 bitcoins mined per day
2020-24 900 bitcoins mined per day
24-28 450 bitcoins mined per day
28-32 225 bitcoins mined per day
32-36 112.5 bitcoins mined per day
36-40 56.25 bitcoins mined per day
40-44 28.125 bitcoins mined per day
44-48 14.06 bitcoins mined per day
48-52 7 bitcoins mined per day
52-56 3.5 bitcoins mined per day
56-60 1.72 bitcoins mined per day
60-64 87 million satoshis mined per day.
64-68 43,5 million satoshis mined per day.
68-72 21.75 million satoshis mined per day.
72-76 10.875 million satoshis mined per day.

https://old.vocaroo.com/i/s16IxMKy4iMm

>>18991387
A true “Bitcoin killer” would necessitate an entirely new consensus mechanism and distribution model; with an implementation overseen by an unprecedentedly organized group of human beings: nothing to date has been conceived that could even come close to satisfying these requirements. In the same way that there has only ever been one analog gold, there is likely to only ever be one digital gold. For the same quantifiable reasons a zero-based numeral system became a dominant mathematical protocol, and capitalism outcompetes socialism, the absolute scarcity of Bitcoin’s supply will continue outcompeting all other monetary protocols in its path to global dominance.