Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: The 21 million supply cap (5 mins) - Super practical resource here today!! (Other videos inside post also)
Andreas M. Antonopoulos is an early pioneer, adopter & educator in the Bitcoin/Crypto space if you have not heard of him.
He routinely puts out some of the best information going. He speaks plainly and simply with some humour!
-- Andreas' Logo he uses for his branding, he is fun. That is the top of his head, looking down.
LOL.
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Aug 10, 2017
What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals.
Every ten minutes, new bitcoin are created. Every four years, the block reward cuts in half in what is known as "the Halvening."
Will the supply cap at 21 million bitcoins cause problems for adoption? If there is demand, the bitcoin already issued will circulate in the market and create velocity in the economy. We will see different monetary policies for other cryptocurrencies. Bitcoin is unequally distributed and it may make a new 1%, but it may also make you part of the new 0%.
The fundamental difference is that the new Bitcoin 1% got there through being rewarded for taking risks on a new and relatively untested currency, whereas the traditional 1% got there because their grandfather killed more people than my grandfather.
Divisibility and deflationary monetary policy -
He routinely puts out some of the best information going. He speaks plainly and simply with some humour!
-- Andreas' Logo he uses for his branding, he is fun. That is the top of his head, looking down.
LOL.
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Aug 10, 2017
What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals.
Every ten minutes, new bitcoin are created. Every four years, the block reward cuts in half in what is known as "the Halvening."
Will the supply cap at 21 million bitcoins cause problems for adoption? If there is demand, the bitcoin already issued will circulate in the market and create velocity in the economy. We will see different monetary policies for other cryptocurrencies. Bitcoin is unequally distributed and it may make a new 1%, but it may also make you part of the new 0%.
The fundamental difference is that the new Bitcoin 1% got there through being rewarded for taking risks on a new and relatively untested currency, whereas the traditional 1% got there because their grandfather killed more people than my grandfather.
Divisibility and deflationary monetary policy -
-- Andreas' Logo he uses for his branding, he is fun. That is the top of his head, looking down.
LOL.
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Aug 10, 2017
What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals.
Every ten minutes, new bitcoin are created. Every four years, the block reward cuts in half in what is known as "the Halvening."
Will the supply cap at 21 million bitcoins cause problems for adoption? If there is demand, the bitcoin already issued will circulate in the market and create velocity in the economy. We will see different monetary policies for other cryptocurrencies. Bitcoin is unequally distributed and it may make a new 1%, but it may also make you part of the new 0%.
The fundamental difference is that the new Bitcoin 1% got there through being rewarded for taking risks on a new and relatively untested currency, whereas the traditional 1% got there because their grandfather killed more people than my grandfather.
Divisibility and deflationary monetary policy -
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.
--
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
Thanks for reading, have a nice day.
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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
--
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
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Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
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Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
excellent video............
Thanks -- I appreciate that.
ok
i upvoted your post plz upvote me back !!
Spammy comments are not helping anyone.
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STOPappreciate you ! done good work
Thanks -- I appreciate that.
Just trying to help people learn things.
I literally cried today when I saw the news about bitcoin- $4,000!!! 😣😣😣
Why didn't I bring my little earnings to poloniex during the week- now I am stuck!!!... 😨
=]
I would not use Poloniex --- there are lots of posts here - mine and others -- with them denying people access to their funds, and their worsening policy towards people and laws to access their money, etc etc.
really??? .. can you please recommend a more reliable exchange for me?
and also a good place to purchase bitcoin through my debit card.. so many adding extra charges, or rejecting my card altogether... !
Look at Bittrex.
But they have a 0.0025 Bitcoin withdrawal rate per day -- unless you verify your account with further measures.
@blocktrades on here is connected to your Steem wallets easily and internally also.
Blocktrades.us is the website - tied to that account here in their Steem wallet. I know their service is excellent from all the reports I read on here --- and in my own limited dealings with them and Dan.
You are always very helpful to me. When you are new to this world , it can be very daunting and easy to mess up!..
I need to start watching more videos. If only steemit wasn't this addictive! =]
Thank you for taking the time ,I don't want to be making any mistakes! I am sure you are very busy!
I had a hard 3 days fighting off attacks on my character on my big donation blog post, it was pretty awful in lots of regards, I just wanted to help someone out...... I do my best.
It made me very sad but -- your nice comments help me
Thanks!
Always a bad egg!!!, I am glad it didn't put you off with helping :] as always good to get tips from a more experienced steemian who can help me on my merry way!!!
Hey again. You are nice to me and everyone I see you chatting with.
I just updated my BTC Price Series template tonite and put up the post, I think it flows better.
If you feel like being online tonite etc -- give it a look if you do not mind and LMK your thoughts.
It is a couple major tweaks, nothing drastic but I am a lot happier with the layout and flow now.
The rewards are allocated so that 75% of the payout goes to the author of the post/comment, and 25% goes to the curator.
Of the 25% that goes to the curator, that portion will be split between the author and the curator if the curator votes within the first 30 minutes. The split of the 25% between the author and curator during the first 30 minutes is calculated linearly based on the time the vote is cast.
• If a post is upvoted the moment of posting, 100% of the curation reward goes to the author.
• At 3 minutes, 90% goes to the author and 10% to the curator.
• At 15 minutes, it's a 50/50 split.
• At 27 minutes, 10% goes to the author and 90% to the curator.
• If a post is upvoted 30 min after posting, 100% of the curation reward goes to the curator.