Chapter 7
Bitcoin at a Glance
Bitcoin is the original blockchain and still the clearest example of a monetary network built around predictable issuance. New coins enter through block rewards, and those rewards keep shrinking over time.
That schedule is not adjusted by a central bank or company policy. It is part of the protocol itself.
This does not guarantee price outcomes, but it does make supply easier to model than in most financial systems. Scarcity is enforced by code.
Bitcoin's design is intentionally narrow compared with Ethereum: simple money first, minimalism second, experimentation elsewhere.