Bitcoin | Pasifika.xyz Tech Hub

Home Our Story Exchange Services Bitcoin

19.89M

Bitcoins Mined

1.11M

Bitcoins Remaining

21M

Maximum Supply

3.125

Current Block Reward

🏛️ The 8 Properties of Perfect Money: How Bitcoin Measures Up

Perfect money should possess eight key properties to function as an ideal medium of exchange, store of value, and unit of account. Here's how Bitcoin compares to these timeless monetary principles:

💎

1. Durability

Bitcoin is like digital gold - it can't rust, break, or decay. As long as the network exists, your Bitcoin remains intact forever.

★ ★ ★ ★ ★

Perfect Score

🚀

2. Portability

Think of Bitcoin as money that travels at the speed of light. You can send millions of dollars across the globe in minutes, unlike carrying heavy gold bars or stacks of cash.

★ ★ ★ ★ ★

Perfect Score

🍕

3. Divisibility

Bitcoin is like a pizza that can be cut into 100 million tiny slices (satoshis). You can buy a cup of coffee with just a few slices, making it extremely divisible for any transaction size.

★ ★ ★ ★ ★

Perfect Score

🌐

4. Uniformity

Every Bitcoin is identical to every other Bitcoin, like perfectly minted coins. One Bitcoin in Japan has the exact same value and properties as one Bitcoin in Brazil.

★ ★ ★ ★ ★

Perfect Score

💰

5. Limited Supply

Bitcoin is like a rare collectible with only 21 million pieces ever to be created. This scarcity is built into its code, unlike traditional money that governments can print endlessly.

★ ★ ★ ★ ★

Perfect Score

🤝

6. Acceptability

Bitcoin is like a universal language that's increasingly spoken worldwide. While not yet accepted everywhere, its recognition and acceptance continue to grow globally.

★ ★ ★ ★ ★

Growing Rapidly

🧠

7. Non-Confiscatable

Bitcoin is like money stored in your mind. If you memorize your private key, your wealth exists purely as knowledge that no government, bank, or authority can physically seize.

★ ★ ★ ★ ★

Revolutionary Feature

⚡

8. Stability

This property measures price stability over time. Bitcoin currently shows some volatility as it transitions from a speculative asset toward a more established monetary standard. Its volatility has decreased over time as adoption increases.

★ ★ ★ ★ ★

Improving

🎯 Bitcoin's Perfect Money Score: 7/8

Bitcoin excels at 7 out of 8 evaluated properties of perfect money, with its stability still improving over time. The non-confiscatable property remains Bitcoin's most revolutionary feature - it's the first form of money in human history that can be truly owned by individuals without any intermediary having the power to freeze or seize it.

📊 Bitcoin Supply & Issuance Model

Current Supply Status (July 2025)

Circulating Supply: 19.89 million BTC (94.7% of total supply)

Remaining to Mine: 1.11 million BTC (5.3% of total supply)

Estimated Final Bitcoin: ~2140 AD

94.7% Mined

🎯 Bitcoin Halving Schedule

Every 210,000 blocks (approximately 4 years), the mining reward is cut in half. This creates Bitcoin's deflationary monetary policy:

2009-2012

50 BTC

Genesis Era

2012-2016

25 BTC

1st Halving

2016-2020

12.5 BTC

2nd Halving

2020-2024

6.25 BTC

3rd Halving

2024-2028

3.125 BTC

4th Halving

⚠️ What Happens When All Bitcoins Are Mined?

When all 21 million bitcoins are mined around 2140:

Mining Rewards End: Miners will only earn transaction fees
Fee Market Development: Transaction fees must incentivize network security
Gradual Transition: Halvings every 4 years give time to adapt
Layer 2 Solutions: Lightning Network may handle daily transactions

⚙️ Transaction Processing & Network Security

~10 min

Block Time

~7 TPS

Base Layer Throughput

918 EH/s

Current Hashrate

126.95T

Mining Difficulty (Projected)

📈 Mining Difficulty Status

Current Difficulty: ~117-125 Trillion

Network Hashrate: 918 EH/s (approaching all-time high)

Difficulty Trend: Increasing ~4% to record highs

Higher difficulty = More secure network + More mining competition

🔄 How Bitcoin Transactions Work

Think of Bitcoin transactions like getting on a bus:

Buy a ticket: Submit your transaction with a fee
Wait at the bus stop: Your transaction waits in the mempool
Bus comes every 10 minutes: Miners create new blocks
Higher fees = Priority boarding: Miners prioritize higher fees
Multiple confirmations: 3-6 blocks for security (30-60 minutes)

🔐 Bitcoin Security & Cryptography

🛡️ Proof of Work Consensus

Bitcoin uses SHA-256 cryptographic hashing and Proof of Work consensus:

Miners compete to solve cryptographic puzzles
Computational investment secures the network
Difficulty adjusts every 2,016 blocks (~2 weeks)
Energy intensive but provides maximum security

🔑 Cryptographic Properties

SHA-256

Hash Function

256-bit

Private Keys

2^256

Possible Addresses

15+ Years

Proven Security

🌟 Why Bitcoin Security Matters

Bitcoin's security comes from:

Decentralization: No single point of failure
Cryptographic Proof: Mathematical certainty
Network Effects: More miners = More security
Immutability: History cannot be changed

🏃‍♂️ Running a Bitcoin Node

💾 Storage Requirements (2025)

~545 GB

Full Node Storage

~7 GB

Pruned Node (Minimum)

100-150 GB

Annual Growth

1 TB

Recommended Storage

🖥️ Hardware Requirements

CPU: 4-core CPU (GHz more important than core count)
RAM: 4 GB minimum, 8 GB recommended
Storage: SSD with 100+ MB/s read/write speed
Bandwidth: 400 kbps upload, up to 200 GB/month

💡 Why Run a Bitcoin Node?

Think of running a Bitcoin node like setting up a personal library:

Sovereignty: Verify transactions independently
Privacy: No need to trust third parties
Network Support: Strengthen Bitcoin's decentralization
Full Control: Your own copy of the blockchain