https://btcdash.org/blog/ Bitcoin research from BTCDash — essays on monetary history, on-chain metrics and network mechanics, plus monthly reports written from live data. en-us Fri, 07 Aug 2026 12:00:00 GMT https://btcdash.org/og.png https://btcdash.org/blog/ https://btcdash.org/blog/bitcoin-mvrv-z-score-explained/ https://btcdash.org/blog/bitcoin-mvrv-z-score-explained/ MVRV Z-Score explained: how realized cap reveals what holders paid, what the bands mean, and why every cycle's peak reading has been lower than the last. Essay Fri, 07 Aug 2026 12:00:00 GMT https://btcdash.org/blog/bitcoin-bear-market-drawdowns/ https://btcdash.org/blog/bitcoin-bear-market-drawdowns/ Bitcoin's four bear markets fell 94%, 86%, 84% and 78% from peak — each shallower than the last. Where the current drawdown sits, and what it does not mean. Essay Fri, 07 Aug 2026 12:00:00 GMT https://btcdash.org/blog/greshams-law-bitcoin/ https://btcdash.org/blog/greshams-law-bitcoin/ Gresham's Law explains why the harder money stops circulating. What happened to US silver coins in 1965, and why low Bitcoin velocity is not a flaw. Essay Fri, 07 Aug 2026 12:00:00 GMT https://btcdash.org/blog/bitcoin-hashrate-explained/ https://btcdash.org/blog/bitcoin-hashrate-explained/ Bitcoin hashrate explained: what a hash is, how difficulty self-corrects every 2,016 blocks, what it really measures — and why it does not predict price. Essay Mon, 03 Aug 2026 12:00:00 GMT https://btcdash.org/blog/1971-fiat-standard/ https://btcdash.org/blog/1971-fiat-standard/ On August 15, 1971 Nixon closed the gold window and money floated free. What that changed, what the famous charts get right — and where they overreach. Essay Mon, 03 Aug 2026 12:00:00 GMT https://btcdash.org/blog/bitcoin-4-year-cycle-halving/ https://btcdash.org/blog/bitcoin-4-year-cycle-halving/ How Bitcoin’s ~4-year halving cuts new supply in half and has historically shaped its boom-and-bust cycle — and why that pattern may be weakening. Essay Tue, 28 Jul 2026 12:00:00 GMT https://btcdash.org/blog/bitcoin-vs-gold/ https://btcdash.org/blog/bitcoin-vs-gold/ Bitcoin vs gold compared: scarcity, portability, verifiability and market size — how the two hardest monies stack up, and where each one still wins. Essay Tue, 28 Jul 2026 12:00:00 GMT https://btcdash.org/blog/bitcoin-scarcity-digital-money/ https://btcdash.org/blog/bitcoin-scarcity-digital-money/ Money needs scarcity to store your work over time. Here is why gold and fiat fall short, and how Bitcoin achieved absolute digital scarcity in 2008. Essay Fri, 24 Jul 2026 12:00:00 GMT https://btcdash.org/blog/milton-friedman-predicted-bitcoin/ https://btcdash.org/blog/milton-friedman-predicted-bitcoin/ In 1999 Milton Friedman predicted a reliable internet e-cash — anonymous, peer-to-peer, like handing over a $20 bill. Nine years later, Bitcoin delivered it. Essay Thu, 23 Jul 2026 12:00:00 GMT