@narlakhanh1i
The Halving: Bitcoin's Built-In Scarcity Mechanism
Every four years, Bitcoin's mining reward is halved, reducing the rate at which new coins are created. This scarcity mechanism, known as the halving, mimics the finite supply of precious metals like gold. It ensures that over time, the supply of Bitcoin becomes increasingly limited, potentially driving up its value as demand remains constant or grows. The next halving is expected in 2024, marking another step in Bitcoin's journey toward digital scarcity.
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