Coin Edition -
- Binance CEO Changpeng Zhao (CZ) hails Bitcoin’s economic model as the “greatest business model ever invented.”
- Bitcoin miners achieved a record-high daily revenue of over $44 million on November 12.
- Between April 2022 and November 2023, miner revenue declined.
Binance CEO Changpeng Zhao praised Bitcoin’s economic model as the “greatest business model ever invented” in response to data showing mining revenues hit new highs.
Bitcoin is the greatest business model ever invented. The amount of value created, to the creator (although I assume he would never move/use those coins), to the miners, to other industry participants, and to holders.