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RE: Steemit Crypto Academy Contest / S15W1 -Steem & Halving Bitcoin 2024
You have expressed your thoughts very well in your article. Bitcoin halving not only improves Bitcoin's production but also increases the value of various cryptocurrencies and people's interest in crypto. The halving that occurs every 4 years brings about significant changes in the entire market, where the prices of currencies that were lower increase, and the currency pumps, making the entire system more beautiful.
My question is, if halving occurred every 2 years instead of 4, what impact would it have had?
BTC halving is one of the most important event that suppress the supply of a particular token and increase demand of a particular token so ups and downs in the supply and demand dynamics are must after that event but with Bitcoin it also affect the overall market and overall cryptocurrencies as well as also change the perception of investors I totally agree with you.
Haha 😂
Your question made me laugh because it's cute and interesting that if halving occurs after every 2 years instead of 4 so we also pray for this to happen because it would affect the market more positively but as it is written in the white paper of Bitcoin that after 4 years this event would occur that why now this is occurring after 4 years.