The miners knew this was coming, so I assume they made appropriate plans. I have no stake in BTC, but it will probably impact other crypto. By 2140 I won't be caring anyway :)
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The miners knew this was coming, so I assume they made appropriate plans. I have no stake in BTC, but it will probably impact other crypto. By 2140 I won't be caring anyway :)
Yes although as I state in my presentation, this halving and the next ones become more insignificant as transactions become the rewards. New layer two solutions such as Stacks are building smart contracts on the Bitcoin blockchain making other chains somewhat insignificant. Bitcoin will in my mind be number one for a significant time and as of today with over 2.1 million tokens registered on exchanges it represents 50% of the total market cap. Something to think about
It seems to stay the biggest because it's the biggest rather than for other qualities. Other coins will actually get used.
I tend to disagree, layer two technology is rapidly changing the scape of Bitcoin, deep dive into Stacks (STX) we are now able to write smart contracts and settle on the Bitcoin Blockchain, what was once just a store of value is now open to other application. Other coins will be used although longevity of them can diminish over time. In my presentation I did a top 10 analysis of coins from each halving, only Bitcoin and Eth remain. We will see where it all leads into the next halving. Hope all is well over there!
You've studied this more than I have, but crypto is still relatively young and all sorts of things could happen.
All good here. I really just play with crypto and don't depend on it. I enjoy the Hive community, so I'll be sticking around here for the long run.
Yes crypto is young and paving a way towards some interesting changes that may be needed. It’s wonderful that spaces like Hive exist to open the crypto world in an undaunted way. There is still a challenging learning curve and way too much misinformation for the regular human to wrap their minds around.