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But we saved everything 🙂.
Bitcoin supply to drop to 3.1% in 2 years, Jesse Myers notes
Jesse Myers highlights that just 4.6% of Bitcoin remains to be mined. In 2 years, this figure will decrease to 3.1%, and at that point, new supply issuance will be cut in half permanently.
Myers observes that while current market attention is on the timing of the end of the bear market, the focus may shift to the impending supply shortage caused by these changes.
Myers has previously discussed the origin of HODL and argued that holding Bitcoin often leads to better results than frequent trading, according to a prior article. He also noted that the BTCTC mNAV calculation differs from traditional finance, as it excludes standard components used in traditional finance models, in a separate commentary. These observations have appeared alongside his recent analysis of Bitcoin’s supply dynamics.
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