Galaxy Digital: Bitcoin Halving - A Milestone in Digital Scarcity
The halving is a reflection of Bitcoin’s transparent, predictable, and deflationary monetary policy, and the halving event reinforces Bitcoin’s fundamental value proposition.
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The halving is a reflection of Bitcoin’s transparent, predictable, and deflationary monetary policy, and the halving event reinforces Bitcoin’s fundamental value proposition.
After the Bitcoin halving in 2024, the new supply of Bitcoin entering the market will exceed that of gold for the first time.
Scarcity is a relative concept. Its emergence does not depend on the amount of demand or resources themselves, but on the comparison between the two. Scarcity occurs when resources are less than demand.
Bitcoin's resurgence to $70,000 underscores its fixed supply advantage, with halving event expected to boost prices. CEO Jack Mallers touts sustainability, inflation hedge, and contrasts Bitcoin with stablecoins.
The real business model of NFT is not to buy and sell scarcity and collectible value, but to use misleading information to attract a very small number of final buyers - that is, to gain trust with high-priced NFTs and sell other NFTs at falsely assessed prices.
As part of this migration, Crypto Unicorns users can expect all transactions associated with the platform to be free, leveraging the already cost-effective gas on the XAI network.
The steps to set up a crypto fund are: first determine the fund structure, then select the appropriate jurisdiction/fund form, then identify the intermediary, and finally prepare documents to complete the delivery.
Cryptocurrency's daily highlights include Matrixport's leaked ETF report, Saylor's sell-off strategy, Fidelity and Galaxy's ETF fee announcements, and crypto's dynamic landscape.
The strongest feature endowed by Web3.0 social applications is "decentralization". It operates on the basis of the blockchain network, and the data ownership belongs to the users, and will build a new business model with the help of the economic system of encrypted assets.