Bitcoin News

Story: Bitcoin (BTC) Post Halving There is no need for Merchant Adoption to add to Value of Bitcoin

By Dan Saada

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Bitcoin (BTC) with Andreas M. Antonopoulos

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The Bitcoin network was designed beautifully, and it is always awe-inspiring to see the protocol simply work. Chugging along producing blocks as its users adapt to it on the fly.

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After the onset of the third block subsidy, reportedly, there was a downward difficulty adjustment of 6%, and some miners were unprofitable as the subsidy was getting reduced to…

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The difficulty adjustment keeps fluctuating as hash power is added and decreased.  There will be different fees according to the demand for a block space at a point in time.

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Those individuals who need to have the transactions done quickly are pushing the transaction fees higher.

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Sydney Ifergan, the crypto expert, tweeted:  "Bitcoin (BTC) is set to be the master template of all cryptocurrencies and is here to say.

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For those who know how to use it well, Bitcoin is an excellent saving technology. Bitcoin represents real freedom of money.

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Yet another interesting expression is that there is no need for merchant adoption to add to the value of Bitcoin.

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Dan Hedl, multi-faceted crypto enthusiast, tweeted:  "Gold has an $10 trillion market cap with zero merchant adoption.

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It is like everyone making the Bitcoin ecosystem is Satoshi. And, also that the future of money cannot be rushed.

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Peter McCormack, host of what bitcoin did and defiance cast podcast in his Defiance Episode 42 – "Bitcoin in one Lesson" covers for the most commonly asked questions about why we…

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Peter expresses that the 21st century requires a 21st-century system of internet money, which is open, borderless, neutral, censorship-resistant, immutable, and permissionless;…

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Twenty hours in beginners' guide can be daunting for beginners, and therefore he refers to a decent primer about Bitcoin on why we need Bitcoin with Andreas M. Antonopoulos.

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