IS THERE ONLY 21 MILLION BITCOINS ? READ. Disclaimer : 50% of my crypto portfolio is $btc. No bag bias ! Had to post this again with infographic and additional FAQ in simple layman terms : 👇 It's been 874 days since ethereum merge. Inflation statistics : 👇 In the last 874 days, Net new eth coins added by the Ethereum network : 0 $eth Net new btc coins added by the Bitcoin network : 662,400 $btc Ethereum has given zero net inflation to you. Bitcoin has given fiat level inflation to you, thus decreasing your percentage ownership. Someday ethereum will be deflationary again but not bitcoin. FAQ : "But but bitcoin has fixed supply". False !!!! If it was true, ethereum could easily copy it. But there is much more to the story. There is a reason why bitcoin has a 3.25 BTC subsidy per block. If it is made zero, the bitcoin network will be easily attacked and bitcoins will be double spent. Miners keep the bitcoin network secure. Why ? Miners do that because bitcoin gives out subsidy reward per block to the miners. Incentives ! Currently 3.25 BTC/block. When this block subsidy goes to zero, why will any miner keep the network secure ? It's a loss for the miner. In just 12 years, bitcoin subsidy will fall to 0.4 BTC per block & I don't think that's enough to keep the network secure. The network will become vulnerable to 51% attack ( double spend the bitcoin ) "But but the Hashrate is increasing" ; that is because the cost to produce that Hashrate is decreasing. Hashrate is getting cheaper for both miners and attackers. Just think : 'If it is possible to generate 1 million exa - Hashrate per second for 1$, does that Hashrate have any security value ? Just think : If bitcoin Hashrate doubled because the cost to produce that Hashrate halved, did it really increase economic security ? No. It will get cheaper to attack the bitcoin network over time. (Hashrate x cost per Hashrate) is the real metric and it is falling off the cliff. The only fix is to remove the 21 million supply cap and give out subsidy to attract miners through inflation to economically secure the network. Satoshi's idea was that transaction fees will replace subsidy. But as you can see, bitcoin has no adapted usecase, no programmability, no defi, no scaling, no stablecoins; the fees collected per day is negligible today even after 17 years. 99% of bitcoin block reward comes from subsidy. That's not Satoshi's vision ! ( Even BSV has failed Satoshi's vision ) Ethereum on the hand has fixed inflation to keep the network secure which is offset by usage/burn. Bitcoin has no burn. ( There is nothing/no fees collected to burn anyway ) The ticker is ETH.

@0xBreadguy Idk man..it has ETH in its name..that's a lot ethereum aligned lmao.

@dotkrueger BlackRock actually explicitly said that there will be no SOL ETF.

@x_Laqqy Even if L2s halt, you can push the tx on L1 and escape with your Eth safely. Of course eth L1 is still the best.

@deedydas Lol it can't do that?

@x_Laqqy I am not even talking about crypto price going down/bear market. I am talking about solana chain halt and solana becoming zero in an instant.

@x_Laqqy > push everyone to sol > Sol halts > Everyone lose all money > Entire world now thinks crypto is a scam. Sorry not gonna wish that timeline.

@AdrianoFeria Agree.

Anyway, tagging @Etherealize_io , @VivekVentures and @ethereumJoseph to save us.

@DefiIgnas I agree

@materkel @AdrianoFeria How is it massively different on 6 blobs ? When blobs are nearing 6 blobs it will be free. And again burst after 6 blobs. Same mechanism as of today, just 2x the blobs. What am I missing?

In a world where L2 blobs don't exist. $eth would be at 500$ per coin Blobs saved ethereum. Let's give that. But also at the same time. Blob pricing mechanism is wrong..there is no fee discovery. It is free and suddenly expensive and free again. I don't know right mechanism either.

@dotkrueger It's securitize backed by BlackRock. They partnered with aptos as well. Natively all assets will be on ethereum. And bridged to solana and others using wormhole. READ.

@uwece @Bharti_HH @0xJim @MetaDAOProject Bitcoin is a memecoin. Gold is a physical memecoin. So not sure whether prediction markets can compete with that.

@uwece @Bharti_HH @0xJim @MetaDAOProject

@llamaonthebrink Remember how they launched their own L2S and rugged it ? Remember how they forced to buy their own worthless GTC coin to make us get gitcoin passport to qualify for airdrops. Glad they are gone.

@AdrianoFeria Hmm should check whether burn increases after blobs demand hit new target of 6/12.

@AdrianoFeria It's the same story again once we make it 6/12 blobs again. Demand will hit target of 6 and fees paid will be same as today. Whenever it bursts L2s will stop posting blobs. Same as today I believe. So can again expect 100k $ to be burnt per day.