In 21 Million we discussed how the block subsidy is how bitcoin implements one prong of its monetary policy – its predetermined release schedule (number 3, below). Remember, bitcoin’s monetary policy consists of three rules: Predetermined, fixed supply of 21 million bitcoin
Bitcoin 101: The Block Subsidy
Bitcoin 101: The Block Subsidy
Bitcoin 101: The Block Subsidy
In 21 Million we discussed how the block subsidy is how bitcoin implements one prong of its monetary policy – its predetermined release schedule (number 3, below). Remember, bitcoin’s monetary policy consists of three rules: Predetermined, fixed supply of 21 million bitcoin