Decrypting the most powerful trends in cryptoBitcoin is the monetary base of the Internet. Unlike national currencies, new bitcoins are created by a fixed and finite supply.¹ In an era of unprecedented monetary expansion Bitcoin’s value proposition is unique. There will only be 21 million bitcoins amid increasing trillions of dollars, pesos, yuans, etc.In the past year, the supply of new yuan, dollars, and pesos has increased by 8%, 50%, and 75% respectively. The supply of new bitcoins has increased by merely 3%.Instead of relying on central bankers to determine money supply, Bitcoin is decentralized. Global miners timestamp blocks of transactions² that are verified by a global network of nodes³ for a protocol maintained by hundreds of developers⁴ worldwide.
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