🚀 The Bitcoin Halving: The Rule of Scarcity ⛏️
The Bitcoin Halving is a scheduled event that halves the reward miners receive for validating transactions. It occurs approximately every four years.
Why is it so important?
Scarcity: By reducing the supply of new Bitcoins, the Halving reinforces the scarcity of the asset, a pillar of its value.
Price impact: Historically, this event has preceded significant bullish movements in the market.
Deflationary nature: It is proof that Bitcoin was designed to be an anti-inflationary asset, unlike traditional currencies.
The Halving is a crucial reminder that the economy of Bitcoin is programmed to be predictable and decentralized.
— Dan Pentagram
