Bitcoin Fundamentals @Satoshibtc7

🚀Mission: to spread knowledge about BTC’s potential to revolutionize finance. I aim to educate on blockchain basics and Bitcoin's role in economic freedom. Joined October 2024

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Bitcoin Fundamentals @Satoshibtc7

11 months ago

Sending BTC is like sending a digital message with a lock. Only the recipient with the right key can unlock and spend it. Transactions are broadcast to the network for verification.

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Bitcoin Fundamentals @Satoshibtc7

11 months ago

Every four years, Bitcoin's block reward halves, reducing new supply. This event, known as halving, historically reduces inflation and can increase value due to scarcity. The first block reward was 50 coins. The current reward is 3.125, and a new block is solved ~10 minutes.

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Bitcoin Fundamentals @Satoshibtc7

11 months ago

Bitcoin Mining isn't just about creating new bitcoins; it's about securing the network. Miners solve complex math problems to add transactions to the blockchain, earning BTC as a reward. The higher the global hashrate, the more secure the network becomes.

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Dylan LeClair @DylanLeClair_

11 months ago

Metaplanet has sold put options on $BTC, effectively entering a 'target buy' order that generates an income premium. To learn more about this strategy, check out the live Metaplanet Income Generation dashboard: Dashboard: 3350.jp/income-generat…

Metaplanet Inc. @Metaplanet_JP

11 months ago

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Bitcoin Fundamentals @Satoshibtc7

11 months ago

Bitcoin is a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.