The Brilliant Mr. Pedro’s Newsletter

The Brilliant Mr. Pedro’s Newsletter

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The Brilliant Mr. Pedro’s Newsletter
The Brilliant Mr. Pedro’s Newsletter
Bitcoin Halving: What It Is and Why It Matters

Bitcoin Halving: What It Is and Why It Matters

A Comprehensive Guide to Understanding Bitcoin Halving

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Pedro
Jun 13, 2023
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The Brilliant Mr. Pedro’s Newsletter
The Brilliant Mr. Pedro’s Newsletter
Bitcoin Halving: What It Is and Why It Matters
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gold-colored Bitcoin

Hello, my friends…

What is this talk about Bitcoin and Bitcoin halving?

Bitcoin halving is an event that occurs eve transactions is cut in half. The halving policy was written into Bitcoin’s mining algorithm to counteract inflation by maintaining scarcity. In theory, the reduction in the pace of Bitcoin issuance means that the price will increase if demand remains the same.

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