#BinancePizza First halving, the technology world envisioned Bitcoin as a type of cryptocurrency, like a small currency, or a form of cryptocurrency app (similar to momo) to buy pizza.

Second halving, Bitcoin was no longer in the form of a cryptocurrency app, it had taken the shape of a payment tool, larger and designed to serve organizations rather than just small transactions.

Third halving, Bitcoin besides being a payment tool, was considered as an asset and gained the attention of major traditional financial institutions. The largest representative of this stage is the Grayscale group introducing Bitcoin products, many traditional funds also joined not only Bitcoin but crypto in general for business.

In a few days, the fourth halving will occur, Bitcoin is clearly seen as a reserve asset like Gold, Bitcoin is introduced as an investment product for profit and the Bitcoin spot ETF is also a product for risk hedging. This fourth halving season is quite special due to the explosion of the Bitcoin ecosystem, at that time Bitcoin had all the features of a payment tool, financial application, reserve asset, a safe investment channel for pension funds (miners), and a new generation asset.

The fifth halving is very likely that Bitcoin is at its peak, as a reserve asset, as a means of payment in the virtual real world, as an investment channel, and as the source of the economic collapse phase 2028-2032 :)))

Source: ShengMo$BTC