Good morning Bitcoiners! How are you doing? I would like to share with you some reflections on the program I just watched on "Canale Italia", with guests Gigi Turla and Federico Rivi. During the hour-long program, a brief summary of the Brescia 2025 Bitcare Forum was given, and then some reflections from the audience were broadcast live (live call-in from home). What emerged strongly from the telephone interventions was the vast amount of misinformation that still surrounds bitcoin. We listened to calls ranging from those who call it a scam, to those who have lost money due to uninformed decisions, to those who do not understand its economic-financial nature, considering it volatile and without intrinsic value, to those who said that their bank has blatantly forbidden them to invest in Bitcoin. This situation reflects a well-known phenomenon: in an era of free and widespread access to information, false beliefs and confusion paradoxically proliferate, ergo: disinformation. It is crucial, as the guests have pointed out, to rely on competent sources and people to really understand this field. I invite everyone to reflect on the importance of proper education and dissemination of accurate information to help create a more aware and prepared community, this applies to any discourse.
๐Ÿ’ฐ For their work, miners receive two types of rewards: 1. Block reward โ†’ new bitcoins created for each block solved 2. Transaction fees โ†’ small amounts paid by users to include their transactions in the block ๐Ÿ“‰ The block reward is halved every 200,000 blocks (roughly every 4 years) in an event known as halving. This reduces future supply, making Bitcoin a predictably scarce and structurally anti-inflationary asset. โฑ๏ธ Bitcoin also has a difficulty adjustment mechanism: every 2,016 blocks (about every two weeks), the difficulty of mining is recalibrated to ensure that a new block is discovered about every 10 minutes. This keeps the output rate constant and predictable. โ—๏ธAttention: Miners are not financial intermediaries. Anyone can participate in mining without authorization from central banks or central institutions. In contrast, traditional intermediaries require regulatory approval to operate. โš–๏ธ The Bitcoin protocol is an open, distributed and autonomous system where all participants (miners, nodes, users) have an equal say. No central authority. Just shared incentives and distributed consensus. โ“๏ธWho are nodes, what are they for? ๐Ÿ“ถ Stay tuned. #bitcoin #protocoll #halving #mining #rewards #fees #difficulty #adjustement #scarcity #permissionless image