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The Halving: Bitcoin's Built-In Scarcity Mechanism
Bitcoin's "halving" is an event that occurs every four years, reducing the reward miners receive for validating transactions by 50%. This built-in scarcity mechanism mimics precious metals like gold, ensuring that Bitcoin has a limited supply of 21 million coins. As the halving approaches, the reduced supply can lead to increased demand and potentially higher prices, making it an essential event for investors to watch.