Recorded on 18-01-2022
Notes on Apr 13, 2022
1:02:12
Emotions
Mindset
Bitcoin was created on 3 January 2009 - called block 0; the first bitcoin mining - 50 bitcoin per day
They get rewarded in bitcoin
Every 4 years - bitcoin halving 28 Nov 2012 - the reward per transaction they earn half - now every time the rewarded bitcoin as they generating new bitcoin - 25 bitcoin per day
9 July 2016 - bitcoin halving - 12.5 bitcoin per day
* as we progress, less and less new bitcoin and being created but more and more people want bitcoin - supply and demand
Demand: desire for good or service
Supply: how much is available of that good or service