The Bitcoin mining subsidy halving is a once-every-210,000-blocks event during which attention from all over the world is pointed at the original cryptocurrency.
Further Reading: What Is The Bitcoin Halving?[1]
During the third-ever Halving, Bitcoin Magazine presented the 21-hour BitcoinHalving.com[2] live stream, featuring the space’s thought leaders and biggest personalities sharing their outlooks for this new era. This meant offering a stage where they could conduct high-level presentations for thousands of viewers.
Bitcoin, the Mycelium of Money Presentation
Brandon Quittem of Swan Bitcoin took to the live stream to present “The Mycelium of Money,” his explanation of the unprecedented power of Bitcoin that compares the technology to living fungi.
“Some of Bitcoin’s best characteristics are simply reflections of successful evolutionary strategies found in nature, specifically in the fungi kingdom,” Quittem said. ”How is it possible that some anonymous founder can simply release software to the public and the software goes on to replicate itself and be used by tons of people in only just 10 or 11 years that it’s been around? And not to mention it has a reasonable chance to replace the financial operating system that humanity uses to coordinate themselves. And the answer is: because Bitcoin’s alive, or at least it appears to be.”
Many analogies have been used to describe the power of Bitcoin’s technology as well as its revolutionary potential, which can be difficult to grasp. Throughout the presentation, Quittem drew parallels between Bitcoin and fungi, describing how the former’s attributes can be understood through the lens of the latter.
“Let’s talk about the life cycle of a mushroom,” Quittem said at one point in the talk. “So, most of the mushroom’s life or the fungi’s life is spent underground. It’s in the mycelium form… And
