fool

Recently learnt that the no. of #Bitcoin being mined per block (Bitcoin block subsidy) is = % of total Bitcoin supply being mined during that specific halving. I couldn't find a diagram that explained this notion clearly so I made this. Hope that you guys find this useful 🙏

Absence is to love what wind is to fire; it extinguishes the small, it inflames the great

America is rediscovering its competitive advantage of liberalism in the age of crowded authoritarianism

Making Singaporeans queue for food vouchers is basically ordeal-based targeting. If the voucher isn’t worth your time, you don’t queue. Excellent economic policy disguised as inefficiency