Episode 33: Halving, Nodes, and the March to 21 Million

Dive deep into the enigma of Bitcoin's supply mechanics with our latest Block Time discussion. Your Host, Pierre and Producer Gabe take you on a journey through Bitcoin's backbone. They start by tackling the core concepts that set Bitcoin apart from conventional assets, emphasizing how it's underpinned by stringent mathematical and cryptographic rules. From the technicality of Satoshis to the sophistication of smart contracts, we'll leave no stone unturned as we dissect the foundational elements that comprise the Bitcoin network. You'll grasp the significance of the halvings and how they bring us closer to the 21 million Bitcoin limit and ponder the ramifications of software glitches and miners forfeiting their full rewards. This intriguing plot twist adds a layer of complexity to the ongoing saga of Bitcoin supply.

To wrap up, we'll explore the diverse behaviors of the Bitcoin community. You'll understand the delicate balance between the HODLers and the spenders and how this interplay influences the burgeoning market. We also underscore the importance of personal Bitcoin nodes, giving you insight into how they uphold the sanctity of this digital currency. By the end of this episode, you'll have a comprehensive understanding of Bitcoin's supply, trends, and the technological advancements like the Lightning Network that are shaping its future. Join us for a riveting session that's as much about the technology as it is about the philosophy of sound money.

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