XapoBank
Coverage of XapoBank in the Nexus archive.
- With Bitcoin Pizza Day this Friday, we did the math on how much Laszlo Hanyecz paid per bite in today’s value. It’s sickening. Realistically, if you were handed 10,000 BTC in 2010, at what price would you have cracked and sold it all? (Be honest).
The article discusses Bitcoin Pizza Day and calculates the value of 10,000 BTC in 2010, Laszlo Hanyecz's infamous pizza purchase is reevaluated in today's value. The question is posed at what price one would have sold their Bitcoins.
- 20 Million Mined. 1 Million Left. 114 Years to go!
The Bitcoin network has reached a milestone of 20 million mined, with only 1 million left to be mined over the next 114 years. The era of easy accumulation is over, and the network is entering a period of absolute supply shock. The security budget will transition entirely to transaction fees.
- 20 Million Mined. 1 Million Left. 114 Years to go. You are witnessing the most scarce asset in human history.
The Bitcoin network has reached a milestone with 20 million mined and only 1 million left, which will take 114 years to mine. This scarcity is expected to lead to a supply shock and increased competition for the remaining coins. The network's security budget will transition entirely to transaction fees.