Home » Blog » The idea behind this design was a theoretical

The idea behind this design was a theoretical

Response to what would happen after Bitcoin was released to the wild. This means that the creator balanced out the possible deflation and inflation scenarios to decide on a fixed amount of coins and the constant rate in which they are distributed. Having a predefined amount of coins makes the currency scarce which, in conjunction with its utility, is what defines its market value.

In that context, the halving

A larger formula to keep the interest in c level contact list Bitcoin. How so? Because a mass adoption of Bitcoin and other digital currencies could limit the power of banks and governments over monetary policy. Leaving the economy to the fluctuations of the market. Itself rather than to the whims and (influential) desires of people in economic power.

However, this is mere speculation

At its core, the Halving is a design feature to a lot of the effort that builds a successful keep bitcoin scarce and within the frame of acceptable value. What Happens with Bitcoin’s Price After the Halving? That’s pretty much what everyone wants to know. That’s the main reason why so much excitement built up around. The Bitcoin halving. Many imagine a price surge that will boost the value of the bitcoins they already have.

Others believe that

A lower reward in a market that already has japan number list well-established players will lead to a decrease in the demand and, therefore, on the currency’s price. The truth is that no one can know for sure, not even now when we are almost a week past the event. What we can do, though, is take a look at the previous halvings to try to estimate what will happen.

 

Scroll to Top