Everything was going well in Mr. Power's life until the day he heard an announcement on the radio! Moral of the story: Even superheroes make rookie mistakes.
Mining 21 Million Until 2054 Bitgesell Halvings List Bitgesell (BGL), the evolutionary successor to Bitcoin, will complete the 4th halving event on April 26, 2024, after mining a total of 210,000 blocks on its innovative blockchain. Each year, following the mining of 52,500 blocks, the block reward on the Bitgesell blockchain is halved, commonly known as 'halving'. The upcoming annual halving event will reduce the current year's block reward from 25 BGL coins to 12.5 BGL coins, bringing the blockchain closer to becoming the store of value par excellence in the crypto world. In the list of Bitgesell Mining Seasons (below) until 2054, you can find all information about halvings, mining block reward and the total amount mined per year. On the Bitgesell blockchain, over 34 halvings, a total of 1,785,000 blocks and a maximum supply of 21 million coins will be mined from 2020 to 2054, last mining year. Huge potential for Bitgesell to outperform Bitcoin several times over in the...
Bitgesell Music Creation Contest 2025 Bitgesell Music Creation Contest 2025 RULES: 1. Contest Objective To promote creativity and community engagement through original musical creations in any language or musical style that highlight the core values of Bitgesell (BGL), including its deflationary nature, halving, blockchain and other related BGL concepts. With the monetization of contest videos, the goal is to burn BGL coins during the annual Bitgesell Burning Day initiative, held on the second weekend of October each year. 2. Participation Period Start: January 2025 End: December 31, 2025, at 11:59 PM (UTC). 3. Participation Criteria The music and video must be original and include references to Bitgesell (BGL), deflation, halving, 90% fee burning, blockchain or other concepts related to BGL. Participants may submit and send as many musical creations as they wish. The video must be published on YouTube @bitgesellcoin with the contest's official hashtag: #BitgesellMusicC...
Why can't fiat currency, with its infinite money supply, compete with Bitgesell crypto, which has a limited supply of less than 21 million coins and 32 halvings until 2054, along with a Bitgesell burn mechanism that burns 90% of taxes and transaction fees? The Problem with Infinite Money Supply Fiat Currency, or traditional government-issued money, has long been the standard medium of exchange in the world. It operates on the basis of an infinite money supply, which can lead to several economic challenges. Inflation One of the primary issues with an infinite money supply is the risk of inflation. As central banks print more money, it can lead to devaluation of the currency, causing prices to rise and eroding the purchasing power of individuals. Lack of Scarcity Fiat money lacks inherent scarcity. Governments can print money at will, and this has historically resulted in overproduction, which can undermine the value of the currency. Bitgesell Crypto Bitgesell Crypto, designed as a d...
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