21Shares Exec on Aftermath of the Halving, Future of Bitcoin Network

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Bitcoin (BTC) is trading above the $66,000 level after the halving took place late last Friday. Eliézer Ndinga, 21Shares' VP and Head of Strategy and Business Development, Digital Assets, discusses the halving's impact on miners, entrepreneurs, and future consumer-facing applications.

I'm super excited to see um a lot more consumer facing applications powered by Blockchain technology. And specifically uh we have the Bitcoin Network, think about the Venmo and the paypal of the world uh secured by, by Bitcoin. These are the things that we haven't seen before, which represents a significant opportunity for entrepreneurs to get used to Bitcoin script, get used to the Bitcoin um environment and trying to, to double down on it.

Um So of course, over, you know, the long run, uh we know that there's a supply of 21 million Bitcoins. We have to include the coins that or last forever or dormant or the coins of Satoshi N A moto and then extrapolate that to uh the super market. But I, what I would say is that we should be expecting of course, uh a lot more Relativity.

 

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