A reader asked me about this privately, so let me explain it in plain English.
The first three halvings took place in 2012, 2016, and 2020, respectively, reducing the block reward to 25, 12.5, and 6.25 coins.
Halvings are often linked to bull and bear market cycles, but so far there have only been four to draw on, and past trends don’t mean the same thing will happen again.
$BTC ’s issuance schedule is written into the protocol; no institution can arbitrarily issue more.
If anything wasn’t clear, ask me in the comments.
Don’t take what I say as advice.
The first three halvings took place in 2012, 2016, and 2020, respectively, reducing the block reward to 25, 12.5, and 6.25 coins.
Halvings are often linked to bull and bear market cycles, but so far there have only been four to draw on, and past trends don’t mean the same thing will happen again.
$BTC ’s issuance schedule is written into the protocol; no institution can arbitrarily issue more.
If anything wasn’t clear, ask me in the comments.
Don’t take what I say as advice.