Bitcoin held on exchange accounts has dropped to 2.3M, the lowest amount in years. As holders withdraw coins, supply is tightening and price is rising. This trend indicates more Bitcoin moving to long-term storage.
✒️: Documenting Bitcoin
Discussion
So... Not money?
What is missing is a way to earn interest on Bitcoin. Or even better, on #monero
Go ahead and try I guess.. 🤷♂️
Interest without giving up ownership? Else it opens up for fractional reserve as already seen with Monero.
Smart contracts. You give up ownership but get a contract which is equivalent to a bond.
This bond is tied to a wallet, so as monero goes in, it is redistributed to the bond holders.
This is not a proposal, just an idea.