The Immune System Fallacy: Michael Saylor’s ‘Hard Consensus’ and Bitcoin’s Macro Fragility
On a recent earnings call, Michael Saylor described Bitcoin’s protocol change...
Raises validator limit and account abstraction
Team and early investor shares released
92 million ARB released
Independent validator client goes live on mainnet
Block reward halving event
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$66,495.3 |
| 1 |
Ethereum
ETH
|
$1,942.5 |
| 1 |
Solana
SOL
|
$78.36 |
| 1 |
BNB Chain
BNB
|
$577.4 |
| 1 |
XRP Ledger
XRP
|
$1.14 |
| 1 |
Dogecoin
DOGE
|
$0.0736 |
| 1 |
Cardano
ADA
|
$0.1750 |
| 1 |
Avalanche
AVAX
|
$6.64 |
| 1 |
Polkadot
DOT
|
$0.8575 |
| 1 |
Chainlink
LINK
|
$8.71 |
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On a recent earnings call, Michael Saylor described Bitcoin’s protocol change...
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