Cryptosteel joins the celebration of the Bitcoin Halving with a special edition of our Cryptosteel Capsule.
According to the original White Paper, which was written on August 18th, 2008, Satoshi Nakamoto defined not only the concept of his new digital currency, but also the base of a whole new economic model. For the first time in modern history, this monetary policy was executed not by the needs of politicians or the dictatorship of Central Banks, but instead, it was executed by a predefined algorithm established by the consensus of Bitcoin network users.
Every four years the Halving occurs, representing the next phase of a financial evolution. To celebrate the prodigal vision of Satoshi – and the 2020 Halving – we are releasing a special edition of Cryptosteel Capsules decorated with a limited paper sleeve.
Halving is all about sharing! In this celebratory moment – when the block reward is cut by half – all the bitcoins in circulation will be worth twice as much! Due to the Quantitative Hardening that Satoshi Nakamoto initiated, after the 2020 halving, the Bitcoin inflation rate will be at 1.8% – below the official inflation targets of most national banks!
Since the exact moment of the Halving is not yet confirmed, we are basing our release on the Bitcoin Clock: Assuming that the event will occur around 10 PM GMT on May 11th 2020 – All orders from now, May 7th will be decorated until the end of this limited batch.
So what will you do with 6.25 BTC? The Quantitative Hardening Continues!
Cryptosteel believes the greatest risk to safety and prosperity today lies with the centralization of information, resources, and power. By allowing people to physically safeguard their own digital keys, we champion the decentralization of digital assets, virtual identities, and personal data.