Intermediate4 lessons

Bitcoin's Monetary Policy

The Hardest Money

Master Bitcoin's issuance schedule, halvings, stock-to-flow model, and why it's the scarcest asset in human history.

16 min

Why Bitcoin's absolute scarcity makes it unique among all assets.

The four-year cycle that makes Bitcoin progressively scarcer.

Quantifying Bitcoin's scarcity and comparing it to gold and other assets.

How sound money encourages long-term thinking and civilization-building.