What is Bitcoin Halving?

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Recorded19 Jan 2024

Publisheranchor.fm ↗

Handlerec:5195718

Show notes

Bitcoin halving is a crucial process to control inflation by creating a scarcity of Bitcoins. The blog discussed Bitcoin halving in detail, illustrating how past halving events positively affected the Bitcoin price, attracting market attention. In short, Bitcoin halving emphasizes the deflationary nature of Bitcoin. Unlike fiat currencies, investors can rely on Bitcoins as alternative currencies to hedge against inflation. However, we can’t completely rely on past performances since it has only been three halves so far. Thus, studying the market and making informed financial decisions is always safe.

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