All right. Welcome back, everybody, to all coin daily on Ms Austen. In about 15 days, Bitcoin is about to go through possibly the biggest fundamental event that we have in our ecosystem today. The Bitcoin block reward having of 2020, where the number of bitcoins that are mined into existence is cut in half because as you know, there will only ever be twenty-one million bitcoin ever, ever. So Bitcoin has a fixed supply and that fixed supply is deflationary, meaning bitcoin, the first asset ever in human history has a predictable monetary supply. So in about 15 days, for the third time ever, once in 2012, once in 2016 and again coming up in 2020, the supply Gosset, the block reward the amount of Bitcoin coming into existence. Every block, which is about every 10 minutes, will be cut in half. Massive supply shock. The block reward, which is now twelve point five coins per block per 10 minutes, will decrease in half to six point two five coins per block. Now, it should be noted that the last Bitcoin will not be mined until the year twenty-one forty. So we will long be dead. Bitcoin will continue to have these having swor over the next hundred years, really showing how much of infancy we are right now in Bitcoin’s lifespan. So the 2020 bitcoin having to buy it, by all accounts is a huge event. And just another way to think about this. What’s going to happen in 15 days is today around eighteen hundred new bitcoins are minted into existence each day, worth around 11 million dollars. And most of those eighteen hundred bitcoins that are minted daily are dumped daily. The miners are constantly dumping Bitcoin, which is how they secure the network. But this does mean that it takes about 11 million dollars daily coming into the ecosystem. People buying Bitcoin for the price just to stay the same. But in about 15 days, the next having this will drop down to just about 900 BTC a day. That’s huge. That’s a massive supply shock to the ecosystem. And even if the demand of Bitcoin just stays the same, because we’ve been seeing healthy increasing growth demand in Bitcoin over the last month, if the demand just stays the same and the supply Gosset gets cut in half, what’s that going to mean for the price of Bitcoin? What’s that going to mean for you in today’s video to give you some realistic perspective? Hit the like button. If you appreciate this content. And let’s jump in. First off, just from an awareness perspective, this popped up in Bloomberg the other day. Bloomberg BusinessWeek gets set for Bitcoin having. Here’s what that means. Articles like this, which we are seeing from traditional finance, more and more means that the format is clearly on articles like this. Add to it. And while this educates a lot of people on what Bitcoin is, a lot of people from this massive blast out of awareness expect a price bump. Like I said, looking at the last month of Bitcoin, we’ve been seeing a pretty steady, healthy price bump. Now, despite this, my expectation on what the price of Bitcoin will do the day of the having, and this should be your expectation, too. Just looking at history, the price of Bitcoin will probably do nothing or possibly even dump. If we look at the first, having the price of Bitcoin really did nothing. If we look at the second having in 2016, the price of having done something before it, before the event and then dumped that day into the weeks after. And if we’re being realistic. It wasn’t until three hundred and sixty days after or even five hundred and twenty-five days after and the months leading up to it, obviously, that Bitcoin saw new all-time highs while nothing. Well, people said it was a failure. Day of the bitcoin having these supposes that supply shock, the effects price-wise don’t happen until after. This is what the common retail investor does not know yet. This is what most other crypto YouTube channels won’t tell you. That day of expecting, possibly a buy the rumour, sell the news after the 2017 2018 bear market. We saw a little first accumulation. We saw a little expansion. Right now we are in our second accumulation. Expectation wise for me. And I’m not a financial adviser. Do your own research. But we are about to enter the next official bull market. Obviously, six to 12 months after the third having and as a bitcoin holder. These are the fundamental macro big picture events that you should be able to articulate to a friend, to a family member. Now, taking into account all sides, looking at all factors for Bitcoin, the only thing that I could see that might be a little bit of a speed bump in Bitcoin’s inevitable rise is what traditional markets do. And we have been seeing, despite a record unemployment record, in fact, did record fatalities. Unfortunately, because of the trillions of dollars the global economy is printing, the US is printing, traditional markets are turning around. We are seeing right now that the curve is starting to flatten. Now, the USA has said that we’re gonna slowly start opening up the country again, which is good economically. Hopefully, the only thing that I can see that could potentially slow the party or end the party is if we open things back up and maybe this spikes back up again as we’ve seen before. So you tell me, what do you think? Down below in the comments section. But either way, in about 15 days, it will be a huge awareness. A huge reminder. The third time in history that this has ever happened. A reminder that Bitcoin has a predictable monetary supply, unlike gold, unlike any other asset in history. It is a harder form of money than gold. And yet, despite gold‘s market cap being trillions and trillions and trillions of dollars more than Bitcoins today, Bitcoin’s inflation rate is about to be lower than gold. For the first time ever, right here, that speaks volumes fundamentally. You let me know what you think. But moving on, the first piece of news before Cordano, before a theorem. Let’s talk about Tasos. Tasos surpasses iOS for the first time in crypto history. Now, Tasos has surpassed iOS and not only real volume, meaning more people are trading Tasos or using Tasos, but also where was it? Also in the value locked in staking. Here is an updated chart. Tasos is now the biggest staking network. I think this is such big news because despite Tasos still being almost half of iOS is the market cap, this could be a sign of things to come of the value that people are putting in Tasos over iOS. I mean, exchanges, Coinbase exchanges all over saying, hey, if you store Tasos on our exchange, we’ll stake it for you. You can earn some passive Tasos in the process and we can all help contribute to the network and the currency. Tasos has an annual staking yield of nearly seven percent. So you get seven percent in passive income. If you stake yearly. Obviously, this is a good sign in the short term. In the long term, staking has a tendency for the rich to get richer. These exchange. The fear is that these exchanges will end up controlling these old coins. If they’re earning the most Tasos Passively, then they can then they’re in control of operating the network, essentially. Also, another fear, I would say while iOS was sort of the new hotness in 2017 2018 an optimization came with Tasos for staking in 2019 2020. There will always be a new Hoder Alte coin. Over the years, maybe we’ll see the optimization of Tasos in twenty twenty-one. 2022. Where is the staking then goes to that new old coin? But we’ll see exciting times, exciting experiments happening in the space. Next piece of news for Cordano. The data lists 1.0 has officially shipped and according to their CEO, it is receiving an overwhelmingly positive response. This is touted as a huge milestone for the Cordona ecosystem, as, unlike its previous wallet. This version of data lists is a full node wallet, meaning it can download Cardon’s entire ledger of transactions to the device. So it’s faster and it can hold more storage. And in comparison, a direct quote from Charles, comparing the old version to the new version Sinc Times for this new version. Around 50 minutes, up to an hour and a half, wallet restoration is happening and 20 to 30 minutes now to benchmark this in comparison sinc times used to be between nine to 14 hours in terms of recovery time. It previously took 14 hours. Today it took 20 minutes. So obviously huge functionality improvement for Cordano as Cordona marches towards complete decentralization. This step is crucial simply because it eliminates the need for a third party to validate the transaction. In fact, it is the wallet that can carry out the auto validation of every single transaction. So the data is 1.0 as has shipped. They’ve been working on this for about 18 months. Obviously, this is leading to the release of Chelly. They say that will happen sometime this year. I’ll keep you updated. Next piece of news. New reports are coming in that greyscale a theorem trust. So they buy a theorem and then you can invest in shares of their trust. Greyscale bought forty-eight point four, almost 50 percent of all mind. A theorem in 2020. So what is a theorems inflation rate? How many are mined? Well, currently for a theorem. When a block is successfully mined on the theory blockchain, a miner receives three ethe as a reward. After Constantinople, miners rule will receive two or three per block as a reward. Because obviously a theorem is switching to proof of stake. They say eventually just something to consider about a theorem. It’s not necessarily good. It’s not necessarily bad. It just is. Greyscale is buying half of all. One’s mind. All right. That is the video for today. My name’s Austin. Like always. See you tomorrow.