0 sats \ 2 replies \ @JOSEPHBASKE 2h \ on: Introducing Proto: Building the future of bitcoin mining hardware bitcoin_Mining
Bitcoin's current circulating supply is 19.78M BTC out of max supply of 21.00M BTC. The current yearly supply inflation rate is 1.21% meaning 235,779 BTC were created in the last year. In terms of market cap, Bitcoin is currently ranked #1 in the Proof-of-Work Coins sector and ranked #1 in the Layer 1 sector.
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According to BlockBeats, on November 18, Christian Catalini, co-founder and Chief Strategy Officer of Lightspark and founder of the MIT Cryptoeconomics Lab, shared his insights on the U.S. debt situation, the proposal for Bitcoin as a strategic reserve, and the calls for replacing Federal Reserve Chair Jerome Powell. Catalini, who was also a co-founder of the now-defunct Diem/Libra project, provided a comprehensive analysis of these issues.
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