Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.
This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.Read More »In 2020, How To Value An Altcoin?
Unlike fiat currencies that central banks can print at will, bitcoin’s supply is algorithmically limited. Only 21 million bitcoins will ever exist. By definition, this makes it, as opposed to an inflationary, a deflationary asset.Read More »What Is The Upcoming Bitcoin Halving Big Deal In 2020?
That’s obvious, but I think that pointing this out is important.Read More »The 4 Possible Bitcoin Scenarios In The Long Run
David Marcus, head of the Libra project at Facebook, doesn’t see Bitcoin as a currency form, saying it’s digital gold.Read More »Bitcoin Not a Currency According to Libra Lead from Facebook
The Bitcoin Rich List has grown over the past 12 months, or the number of addresses holding more than 1,000 BTC, possibly reflecting an influx of high-net worth investors.
According to data from Coin Metrics, the metric has recorded growth of 30% since September 2018. The figure shows a similar increase even when adjusted to exclude addresses known to belong to exchanges.Read More »The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?
The Stellar Development Foundation burned 55 billion of its XLM tokens, more than half of the supply of the cryptocurrency, CEO Denelle Dixon announced on Monday’s Stellar Meridian conference stage.
105 billion XLM had existed previously, with 20 billion in circulation. The supply has shrunk to 50 billion with this burn.Read More »Stellar’s Foundation has just destroyed half of its Lumens cryptocurrency supply