RATE Group | Bitcoin price news: Dr Saifedean Ammous REVEALS explosive theory in The Bitcoin Standard…
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Bitcoin price news: Dr Saifedean Ammous REVEALS explosive theory in The Bitcoin Standard…

14 Nov Bitcoin price news: Dr Saifedean Ammous REVEALS explosive theory in The Bitcoin Standard…

Posted at 04:04h in Bitcoin News by

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bitcoin price news

Bitcoin news: Dr Ammous has spoken to Express.co.uk about his explosive theory (Image: WORLDCRYPTONETWORK/GETTY)

The world’s leading cryptocurrency is limited to a total supply of 21million individual coins. Once “miners” have uncovered this precise number of bitcoins, the planet’s supply will be exhausted. The fixed supply explains how BTC’s value “in ten years has appreciated by about 700million percent”, Dr Ammous argued.

READ MORE: Bitcoin could pave way for NEW FINANCIAL ORDER

The prominent bitcoin economist has dealt with the subject extensively in his book, The Bitcoin Standard: The Decentralised Alternative to Central Banking.

The book plots BTC’s history from its creation by a pseudonymous programmer or group of programmers called Satoshi Nakamoto to “ten years later, and against all odds, this upstart autonomous decentralised software offers an unstoppable and globally-accessible hard money alternative to modern central banks”.

Speaking to…

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