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Tag: Satoshi Nakamoto

50% of Bitcoin Supply Hasn’t Moved in a Year, 20% May Be Lost Forever

Bitcoin (BTC) earned its digital gold comparison due to a number of factors, but none more-so than its pre-programmed scarcity. There can only ever be a fixed supply of 21,000,000 BTC, as was designed by Satoshi Nakamoto in order to give Bitcoin its deflationary aspect. That fixed supply also provides…

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Why cryptocurrencies (and ‘blockchain’) will eat the software industry

Marc Andreessen, co-founder of Andreessen Horowitz, published in 2011 the mythical article Why Software is eating the world on how software was penetrating all businesses, transforming all these business models into software companies. In 2011, neither the technology nor the bitcoin price had yet captivated the collective imagination of humans.…

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