A closer look at Bitcoin [BTC] • First major cryptocurrency (as we understand it today), launched in 2009 by Satoshi Nakamoto (Pseudonym) • Goal is to be digital money • First crypto project that was widely adopted and has thus far held ‘value’ • Often referred to as ‘digital gold’ as there is a finite supply of coins, is energy-intensive and difficult to produce • BTC has a total supply of 21m, with close to 19m in circulation • BTC rewards earned from mining gets halved every 210,000 blocks (approx. 4 years). The last halving took place on 11 May 2020.
se også JP Morgans rapport ‘Cryptocurrencies: Bubble, boom or blockchain revolution?’
