The Bitcoin Halving
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- čas přidán 31. 05. 2024
- Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.
Guests on this month’s Bitcoin Brainstorm include:
Will Reeves: CEO, Fold
Mark (Murch) Erhardt: Research Engineer, Chaincode Labs
Harry Sudock: Chief Strategy Officer, GRIID
Mike Colyer: CEO, Foundry
Yassine Elmandjra: Director of Digital Assets, ARK Invest
Cathie Wood: Founder, CEO and CIO, ARK Invest
Rod Roudi: Co-Founder, Bitcoin Park
Key Points From This Episode:
00:00:00 Intro
00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests
00:05:29 What does this bitcoin halving represent as symbolic of bitcoin as a monetary system
00:11:28 Bitcoin’s monetary policy is really just five lines of code
00:27:27 Why, to understand bitcoin, you have to move out of the realm of human invention and into the world of physics and math to find things that have this level of predictability
00:32:10 How bitcoin mining pools shifted from a Chinese dominated space to a more decentralized business and what can be done to continue decentralization
00:39:34 How do companies like Foundry, a mining pool, and GRIID, a bitcoin miner, work together and what is Stratum V2?
00:49:10 Could generative artificial intelligence (AI) be helpful in bitcoin development and bitcoin mining?
00:53:49 Why one of bitcoin’s biggest benefits is its probabilistic protocol and that the asset class cannot be “gamed”
00:56:35 Why the Gamestop short squeeze during the pandemic reminds Harry of bitcoin
01:01:28 With a Bitcoin epoch people usually mean a period of roughly 4 years with a specific mining reward. With a bitcoin halving just behind us, what do our guests expect to happen in this next epoch?
Links Mentioned in this Episode:
Learn more about Bitcoin Park: bitcoinpark.com - Věda a technologie
Wall Street can’t game this….love it
Katie confused the FED balance sheet with the monetary base again. No wonder why the macro predictions have zero accuracy so far.
"Half my team are hardcore Bitcoin Maximalists"
Aka, "half my team are hardcore Bag Maximalists".
ARK will be a huge winner here
I just wanna know what chair mark murch erhardt is using?
Should Ark figure out how to protect investor's hard earned money first?
How does Bitcoin mining effect ISPs?
The fundamental benefit of Bitcoin is its potential to separate money and state.
Wow beautifully said !
I’m halving a difficult time understanding this. Is halving a good thing or a bad thing for people who own bitcoin?
The halving doesn’t mean anything for the person who owns bitcoin . But for the miner they lose 50% revenue for the work they do . Sounds devastating at some point . Why be in it ?
Don’t think it means anything at this point. But someday the miners are more powerful than the opec . 🤯
So what happens when we are down to a few of bitcoin miners that decide when they want to support the market by new mining or not. They will just shut the shit down. They become the opec / oligarchs and kings ! They decide when to mine or when not to ! Wow !
I was an early bitcoin believer, 40x’d my money. But I dont see a use case for it anymore. Too slow, expensive .. I am not in that scene much any more except for 1-3 projects passive interest.
It’s not transaction currency so slow doesn’t matter
May I ask,...what scene are you into, sir??
Bit coin! Dumpster fire waiting to happen, again and again and again!
Great episode! Thank you!
If you have been in crypto for a while, this video was not worth the watch, save your time.
Bullish!! Bullish!! Bullish!! What's the best way to make money from crypto trading ?
I love these conversations.
Useless talk . It means nothing !
It means nothing , but I love bitcoin but the miner thing is sad !
Bitcoin seems to be out of things to drive it forward. ETFs were supposed to, then the halving. Cliff is coming
ngmi
It always seems that way until the next QE.
More bank failures?
@@DaGee99nunfortunately banks are able to extend and pretend with the entire CRE market so not sure when the failures would ever happen. If they had to mark to market the entire system would collapse yes but no agency will force them to.
lol. Ngmi indeed