The Evolution of Trading

From shouting in pits to fiber-optic cables, and now to global consensus networks. The market is evolving towards total transparency.

The Halving Cycle

Bitcoin's programmatic monetary policy is the heartbeat of the crypto market.

Bitcoin Halving Countdown

Next Epoch: Block 1,050,000

Monetary Policy Comparison

Fixed Supply vs. Dynamic Burn: Two different approaches to value accrual.

Bitcoin Monetary Policy

Hard Cap • Deflationary Pressure

Total Supply21,000,000 BTC

~93% Mined

Issuance Halving

Every 4 years, the supply of new BTC is cut in half. This programmatic scarcity mimics gold mining, making it harder to produce over time.

Ethereum Monetary Policy

Ultrasound Money • Burn Mechanism

Total SupplyDynamic (No Cap)
Issuance StateDeflationary*
EIP-1559 Burn

ETH is burned with every transaction. During high network activity, more ETH is burned than created, reducing global supply.

1792: The Buttonwood Agreement

24 stockbrokers signed an agreement under a buttonwood tree on Wall Street, establishing the rules for trading securities. Trust was based on reputation and personal relationships.

1971: The Rise of NASDAQ

The world's first electronic stock market launched. Trading moved from the floor to computers, but the backend settlement remained slow and paper-based.

2020s: The Tokenization Era

Real World Assets (RWAs) begin migrating to blockchains like Ethereum. BlackRock launches tokenized funds. The separation between "trade" and "settlement" disappears.