NEW: Jack Dorsey’s Block is developing a “full bitcoin mining system”.

NEW: The Financial Times has mocked #Bitcoin ever since it launched. Now they’re holding a 2-day summit on the future of #Bitcoin and crypto. Everyone is an expert now… 😂 pic.twitter.com/DgJUWp9vVV

Before the #2024halving, the supply of #Bitcoin and gold increased at nearly the same annual rate (~2% per year). Now, the supply of new BTC falls from ~900 coins per day to ~450 coins per day. This equates to an annual inflation rate of 0.8%, significantly lower than gold. pic.twitter.com/tsTtBOyQuh

I keep getting asked about the bitcoin halving and how to think about what will happen in the market. This paper by Amberdata is a pretty solid overview. go.amberdata.io/lp-bitcoin-halving-report?utm_campaign=2024-Q1-Reflexivity-Event-NYC&utm_source=Event&utm_content=Bitcoin%20Halving%20Report