• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
25 July Friday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $116,542.97 ↓ -1.77%
Ethereum Ethereum (ETH) $3,728.53 ↑ 2.24%
XRP XRP (XRP) $3.14 ↓ -0.73%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.05%
BNB BNB (BNB) $774.91 ↑ 0.80%
Solana Solana (SOL) $181.42 ↓ -2.58%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -2.34%
TRON TRON (TRX) $0.31 ↑ 1.24%
Cardano Cardano (ADA) $0.81 ↑ 0.15%
Hyperliquid Hyperliquid (HYPE) $43.16 ↑ 0.41%
Stellar Stellar (XLM) $0.43 ↓ -0.18%
Sui Sui (SUI) $3.77 ↑ 1.42%
Chainlink Chainlink (LINK) $18.44 ↑ 2.08%
Bitcoin Cash Bitcoin Cash (BCH) $556.27 ↑ 6.18%
Hedera Hedera (HBAR) $0.26 ↑ 7.04%
Avalanche Avalanche (AVAX) $23.83 ↑ 0.09%
Litecoin Litecoin (LTC) $116.23 ↑ 2.44%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↓ -0.21%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.34%
Toncoin Toncoin (TON) $3.15 ↑ 0.66%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Uniswap Uniswap (UNI) $10.52 ↑ 3.29%
Polkadot Polkadot (DOT) $4.07 ↑ 1.43%
Monero Monero (XMR) $330.22 ↑ 3.35%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.52 ↓ -0.68%
Pepe Pepe (PEPE) $0.00 ↓ -1.97%
Aave Aave (AAVE) $294.40 ↑ 1.75%
Cronos Cronos (CRO) $0.13 ↑ 2.40%
Bittensor Bittensor (TAO) $418.91 ↑ 0.33%
Ethena Ethena (ENA) $0.58 ↑ 21.92%
Ethereum Classic Ethereum Classic (ETC) $22.70 ↓ -0.44%
NEAR Protocol NEAR Protocol (NEAR) $2.79 ↑ 2.84%
Pi Pi (PI) $0.44 ↓ -0.23%
Ondo Ondo (ONDO) $1.04 ↑ 1.60%
Aptos Aptos (APT) $4.75 ↑ 1.77%
Internet Computer Internet Computer (ICP) $5.58 ↑ 0.27%
OKB OKB (OKB) $47.85 ↓ -0.85%
Bonk Bonk (BONK) $0.00 ↓ -3.92%
Kaspa Kaspa (KAS) $0.10 ↓ -0.90%
Mantle Mantle (MNT) $0.75 ↓ -0.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 1.94%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.63%
Algorand Algorand (ALGO) $0.27 ↑ 2.34%
Arbitrum Arbitrum (ARB) $0.44 ↑ 1.68%
VeChain VeChain (VET) $0.03 ↑ 1.95%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
GateToken GateToken (GT) $17.49 ↑ 1.36%
Render Render (RENDER) $4.15 ↑ 2.56%
Worldcoin Worldcoin (WLD) $1.15 ↑ 0.33%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.00 ↑ 1.31%
Sky Sky (SKY) $0.09 ↑ 5.55%
Sei Sei (SEI) $0.33 ↑ 3.78%
Cosmos Cosmos (ATOM) $4.72 ↑ 1.24%
Filecoin Filecoin (FIL) $2.62 ↑ 0.39%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↓ -0.67%
SPX6900 SPX6900 (SPX) $1.79 ↑ 0.83%
Jupiter Jupiter (JUP) $0.54 ↓ -0.24%
Story Story (IP) $5.41 ↑ 3.86%
Flare Flare (FLR) $0.02 ↓ -2.26%
KuCoin Token KuCoin Token (KCS) $12.12 ↓ -0.21%
Quant Quant (QNT) $121.53 ↑ 1.35%
Curve DAO Token Curve DAO Token (CRV) $1.07 ↑ 8.02%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ 0.00%
XDC Network XDC Network (XDC) $0.09 ↑ 1.55%
Injective Injective (INJ) $13.89 ↑ 2.23%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -2.69%
Celestia Celestia (TIA) $1.90 ↑ 3.70%
Four Four (FORM) $3.35 ↓ -3.14%
Optimism Optimism (OP) $0.72 ↑ 3.05%
Stacks Stacks (STX) $0.79 ↓ -2.30%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.38%
dogwifhat dogwifhat (WIF) $1.06 ↓ -2.01%
Immutable Immutable (IMX) $0.56 ↑ 1.33%
Ethereum Name Service Ethereum Name Service (ENS) $28.51 ↑ 0.28%
The Graph The Graph (GRT) $0.10 ↑ 0.73%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -2.11%
Kaia Kaia (KAIA) $0.16 ↑ 0.73%
Lido DAO Lido DAO (LDO) $1.10 ↑ 1.70%
Sonic Sonic (S) $0.33 ↑ 0.54%
Tezos Tezos (XTZ) $0.90 ↓ -4.91%
Conflux Conflux (CFX) $0.18 ↑ 0.39%
PAX Gold PAX Gold (PAXG) $3,351.46 ↓ -0.56%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -13.52%
PancakeSwap PancakeSwap (CAKE) $2.67 ↑ 2.13%
Vaulta Vaulta (A) $0.57 ↓ -2.41%
Theta Network Theta Network (THETA) $0.88 ↑ 1.02%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.71%
Nexo Nexo (NEXO) $1.31 ↑ 0.10%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.09%
Tether Gold Tether Gold (XAUt) $3,344.64 ↓ -0.60%
IOTA IOTA (IOTA) $0.21 ↑ 2.50%
Raydium Raydium (RAY) $3.00 ↓ -0.17%
Gala Gala (GALA) $0.02 ↓ -0.29%
The Sandbox The Sandbox (SAND) $0.30 ↑ 1.00%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.37%
Pendle Pendle (PENDLE) $4.59 ↑ 4.84%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 0.48%
Jito Jito (JTO) $1.97 ↓ -3.12%
Bitcoin Bitcoin (BTC) $116,542.97 ↓ -1.77%
Ethereum Ethereum (ETH) $3,728.53 ↑ 2.24%
XRP XRP (XRP) $3.14 ↓ -0.73%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.05%
BNB BNB (BNB) $774.91 ↑ 0.80%
Solana Solana (SOL) $181.42 ↓ -2.58%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -2.34%
TRON TRON (TRX) $0.31 ↑ 1.24%
Cardano Cardano (ADA) $0.81 ↑ 0.15%
Hyperliquid Hyperliquid (HYPE) $43.16 ↑ 0.41%
Stellar Stellar (XLM) $0.43 ↓ -0.18%
Sui Sui (SUI) $3.77 ↑ 1.42%
Chainlink Chainlink (LINK) $18.44 ↑ 2.08%
Bitcoin Cash Bitcoin Cash (BCH) $556.27 ↑ 6.18%
Hedera Hedera (HBAR) $0.26 ↑ 7.04%
Avalanche Avalanche (AVAX) $23.83 ↑ 0.09%
Litecoin Litecoin (LTC) $116.23 ↑ 2.44%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↓ -0.21%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.34%
Toncoin Toncoin (TON) $3.15 ↑ 0.66%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Uniswap Uniswap (UNI) $10.52 ↑ 3.29%
Polkadot Polkadot (DOT) $4.07 ↑ 1.43%
Monero Monero (XMR) $330.22 ↑ 3.35%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.52 ↓ -0.68%
Pepe Pepe (PEPE) $0.00 ↓ -1.97%
Aave Aave (AAVE) $294.40 ↑ 1.75%
Cronos Cronos (CRO) $0.13 ↑ 2.40%
Bittensor Bittensor (TAO) $418.91 ↑ 0.33%
Ethena Ethena (ENA) $0.58 ↑ 21.92%
Ethereum Classic Ethereum Classic (ETC) $22.70 ↓ -0.44%
NEAR Protocol NEAR Protocol (NEAR) $2.79 ↑ 2.84%
Pi Pi (PI) $0.44 ↓ -0.23%
Ondo Ondo (ONDO) $1.04 ↑ 1.60%
Aptos Aptos (APT) $4.75 ↑ 1.77%
Internet Computer Internet Computer (ICP) $5.58 ↑ 0.27%
OKB OKB (OKB) $47.85 ↓ -0.85%
Bonk Bonk (BONK) $0.00 ↓ -3.92%
Kaspa Kaspa (KAS) $0.10 ↓ -0.90%
Mantle Mantle (MNT) $0.75 ↓ -0.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 1.94%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.63%
Algorand Algorand (ALGO) $0.27 ↑ 2.34%
Arbitrum Arbitrum (ARB) $0.44 ↑ 1.68%
VeChain VeChain (VET) $0.03 ↑ 1.95%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
GateToken GateToken (GT) $17.49 ↑ 1.36%
Render Render (RENDER) $4.15 ↑ 2.56%
Worldcoin Worldcoin (WLD) $1.15 ↑ 0.33%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.00 ↑ 1.31%
Sky Sky (SKY) $0.09 ↑ 5.55%
Sei Sei (SEI) $0.33 ↑ 3.78%
Cosmos Cosmos (ATOM) $4.72 ↑ 1.24%
Filecoin Filecoin (FIL) $2.62 ↑ 0.39%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↓ -0.67%
SPX6900 SPX6900 (SPX) $1.79 ↑ 0.83%
Jupiter Jupiter (JUP) $0.54 ↓ -0.24%
Story Story (IP) $5.41 ↑ 3.86%
Flare Flare (FLR) $0.02 ↓ -2.26%
KuCoin Token KuCoin Token (KCS) $12.12 ↓ -0.21%
Quant Quant (QNT) $121.53 ↑ 1.35%
Curve DAO Token Curve DAO Token (CRV) $1.07 ↑ 8.02%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ 0.00%
XDC Network XDC Network (XDC) $0.09 ↑ 1.55%
Injective Injective (INJ) $13.89 ↑ 2.23%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -2.69%
Celestia Celestia (TIA) $1.90 ↑ 3.70%
Four Four (FORM) $3.35 ↓ -3.14%
Optimism Optimism (OP) $0.72 ↑ 3.05%
Stacks Stacks (STX) $0.79 ↓ -2.30%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.38%
dogwifhat dogwifhat (WIF) $1.06 ↓ -2.01%
Immutable Immutable (IMX) $0.56 ↑ 1.33%
Ethereum Name Service Ethereum Name Service (ENS) $28.51 ↑ 0.28%
The Graph The Graph (GRT) $0.10 ↑ 0.73%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -2.11%
Kaia Kaia (KAIA) $0.16 ↑ 0.73%
Lido DAO Lido DAO (LDO) $1.10 ↑ 1.70%
Sonic Sonic (S) $0.33 ↑ 0.54%
Tezos Tezos (XTZ) $0.90 ↓ -4.91%
Conflux Conflux (CFX) $0.18 ↑ 0.39%
PAX Gold PAX Gold (PAXG) $3,351.46 ↓ -0.56%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -13.52%
PancakeSwap PancakeSwap (CAKE) $2.67 ↑ 2.13%
Vaulta Vaulta (A) $0.57 ↓ -2.41%
Theta Network Theta Network (THETA) $0.88 ↑ 1.02%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.71%
Nexo Nexo (NEXO) $1.31 ↑ 0.10%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.09%
Tether Gold Tether Gold (XAUt) $3,344.64 ↓ -0.60%
IOTA IOTA (IOTA) $0.21 ↑ 2.50%
Raydium Raydium (RAY) $3.00 ↓ -0.17%
Gala Gala (GALA) $0.02 ↓ -0.29%
The Sandbox The Sandbox (SAND) $0.30 ↑ 1.00%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.37%
Pendle Pendle (PENDLE) $4.59 ↑ 4.84%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 0.48%
Jito Jito (JTO) $1.97 ↓ -3.12%
Home Cryptocurrency

Bitcoin Blockspace: The New Flashpoint for Future Wars?

Salar Khan by Salar Khan
7 August 2024
in Cryptocurrency, News
Reading Time: 3 mins read
0
Bitcoin Blockspace: The New Flashpoint for Future Wars?

Bitcoin Blockspace: The New Flashpoint for Future Wars?

Bob Burnett predicts Bitcoin blockspace could become a highly contested resource, influencing the future of finance. Dive into his vision of how the digital landscape might evolve and its potential impact on global transactions.

 

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Crypto Regulations in Dubai 2025: What UAE’s New Laws Mean for the Industry
    • Binance Coin Price Soars: Rally to $2,000 Gaining Steam?
  • A Glimpse into the Future
  • Redefining Value
  • The Rise of Cartels
  • Shifting Revenue Streams
  • Reflecting on the Future

YOU MAY BE INTERESTED

Dubai crypto regulation

Crypto Regulations in Dubai 2025: What UAE’s New Laws Mean for the Industry

25 July 2025
Binance Coin price Rallt

Binance Coin Price Soars: Rally to $2,000 Gaining Steam?

25 July 2025

Imagine a future where battles aren’t fought over land or oil but over digital real estate. This might sound like science fiction, but Bob Burnett, the CEO of Barefoot Mining, believes it’s not so far-fetched. In a recent interview on the Bitcoin Fundamentals podcast, Burnett laid out a vision of the future where Bitcoin blockspace becomes a highly coveted and scarce resource. His predictions have stirred quite a bit of conversation and controversy among cryptocurrency enthusiasts.

ADVERTISEMENT

A Glimpse into the Future

Bob Burnett, at the helm of Barefoot Mining—a company known for its innovative off-grid mining solutions—has painted a fascinating picture of what lies ahead. He predicts that as Bitcoin continues to weave itself into the fabric of the global economy, its blockspace will become a hot commodity. According to Burnett, the “financialisation” of Bitcoin blockspace is key to solving the network’s long-term sustainability issues.

Bitcoin Blockspace: The New Battleground for Future Wars?
Bitcoin Blockspace: The New Battleground for Future Wars?

Burnett envisions a time when the demand for Bitcoin blockspace, particularly at specific times, will create a market for blockspace futures. In this market, mining companies would auction off their blockspace to the highest bidders who need to conduct crucial transactions on the Bitcoin network.

Redefining Value

This shift in thinking—seeing Bitcoin blockspace not just for its immediate financial value, but as a limited and precious resource—marks a significant change. Burnett explains, “If we’re on a path to Bitcoin being the base layer of money, now Bitcoin is existential to all the financial services companies and government. We can probably debate the time frame, but we are on a path where wars will be fought over control of those 53,000 blocks.”

His statement highlights the immense value he believes Bitcoin blockspace will hold. As businesses and wealthy individuals increasingly depend on Bitcoin for their financial dealings, the scramble for blockspace will intensify.

The Rise of Cartels

Burnett also foresees the formation of alliances or cartels among companies to secure privileged access to Bitcoin blockspace. He believes mining organisations will band together to ensure that only their group’s transactions get processed. “These cartels will only process transactions from their inner circles, rejecting bids from other organisations,” he predicts.

This scenario suggests a future where the dynamics of Bitcoin mining and transaction processing could be vastly different. Controlling access to blockspace would give these cartels significant influence over the Bitcoin network’s operation and performance.

Shifting Revenue Streams

Looking ahead, Burnett anticipates a major shift in how Bitcoin mining companies will earn their keep. He predicts that within 15 years, transaction fees will surpass subsidies as the main revenue source for miners. This change is crucial for the long-term sustainability of the Bitcoin network, which currently relies heavily on block subsidies that decrease over time.

Bitcoin Blockspace: The New Battleground for Future Wars?
Bitcoin Blockspace: The New Battleground for Future Wars?

“This situation will stabilize the income for bitcoin mining companies, which in 15 years will benefit more from transaction fees than from subsidies,” Burnett concludes. This transition is vital for the future of Bitcoin mining, ensuring that miners stay motivated to maintain the network.

Reflecting on the Future

Burnett’s predictions offer a thought-provoking look into the future of Bitcoin and its blockspace. While the idea of wars over digital assets may seem outlandish, the underlying message is clear: as Bitcoin embeds itself deeper into the global financial system, the control and value of its blockspace will grow in importance.

As our world becomes more digitally connected, the competition for resources extends beyond traditional commodities like oil or gold. According to Burnett, Bitcoin blockspace might become one of the most sought-after resources, shaping the future of finance and digital transactions. Whether his predictions come to pass or not, they provide an intriguing look at how the cryptocurrency world will adapt to these changes.

Tags: bitcoinblockspacecryptocurrency
Previous Post

Peter Schiff Warns Against Bitcoin ETFs Risks

Next Post

Japanese Giant Metaplanet Invests Jaw-Dropping 8.5B Yen into Bitcoin

Salar Khan

Salar Khan

SIMILAR NEWS

Dubai crypto regulation
News

Crypto Regulations in Dubai 2025: What UAE’s New Laws Mean for the Industry

25 July 2025
Binance Coin price Rallt
Cryptocurrency

Binance Coin Price Soars: Rally to $2,000 Gaining Steam?

25 July 2025
image 631
Cryptocurrency

Didn’t Ride the Turbo? MoonBull Whitelist Is Live Now and Charging Ahead in the 100x Crypto Race

25 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Crypto Regulations in Dubai 2025: What UAE’s New Laws Mean for the Industry
  • Binance Coin Price Soars: Rally to $2,000 Gaining Steam?
  • Didn’t Ride the Turbo? MoonBull Whitelist Is Live Now and Charging Ahead in the 100x Crypto Race
  • Ponke Delivered Early Gains—But Troller Cat’s 1833% ROI Has Claws in the Game Now
  • Timing Is Wealth: MoonBull Unleashes the Best Crypto Whitelist With Limited Spots Left as Popcat and Brett Keep Climbing

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English