Deflation is the natural state of the free market.

And only #Bitcoin can measure it.

I’d say at least 50% of shitcoiners are just trying to scam their way to more Bitcoin.

“If I buy this coin I’ll 10x, dump on everyone and buy Bitcoin with it”

The other 50% is just trying to buy something while it’s still “cheap”

“Bitcoin is too expensive, might as well buy something else still in its infancy, maybe it’ll be as big as bitcoin one day”

I’d say at least 50% of shitcoiners are just trying to scam their way to more Bitcoin.

“If I buy this coin I’ll 10x, dump on everyone and buy Bitcoin with it”

The other 50% is just trying to buy something while it’s still “cheap”

“Bitcoin is too expensive, might as well buy something else still in its infancy, maybe it’ll be as big as bitcoin one day”

Nobody was willing to spend their sats in quantities sufficient to sustain a viable decentralized economy on the network. KYC’d fiat payment methods and ad-supported revenue models crept in and the economies of scale led to centralization of relays/servers until users realized they were now just using a shittier version of the major social networks with a smaller user base so they went back where their friends are.

Asymmetric cryptography, also known as public-key cryptography, is a type of encryption that uses a pair of related keys to encrypt and decrypt data .

The two keys in the key pair are a public key and a private key.

The public key is freely available to anyone, while the private key is kept secret by the owner.

Yes, it is the type of cryptography used in blockchain.