Bitcoin halving: Why it’s important for BTC scarcity

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Bitcoin's most important economic mechanism, the halving, could legitimize Bitcoin as a store of value asset for the digital age, seeking more liquid assets than real estate or gold.

Bitcoin's most important economic mechanism, the halving, could legitimize Bitcoin as a store of value asset for the digital age, seeking more liquid assets than real estate or gold.occurred a few hours ago at the 840,000th block. The halving is considered the most important economic mechanism influencing Bitcoin , while Gold price increased 15% YTD, according toPrecious metals and real estate were considered the best store of value assets throughout the years.

“Over time, Bitcoin has not only survived, but its backing power of extensive computation and decentralization has also grown so strong that more people and institutions recognize this security, and the benefits such as immediate transactability, geopolitical decentralization, and ease of carry outweigh those of other asset classes.”China and the crypto ETFs, Thai NFT music fest, KuCoin’s 1.

 

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