Hey guys,So in Q1 2020 Grayscale and Cash App alone consumed the equivalent of 50% of the Bitcoin mined. With the halving yesterday and the supply cut in half and the demand seemingly rising, these 2 entities alone satisfy 100% of the mined Bitcoin. That's pretty insane considering hedge funds like Paul Tudor many many others are onboarding as well.
Submitted May 12, 2020 at 10:37PM
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