The upcoming Bitcoin halving is set to slash the incoming supply by a significant 50%.
It's a simple matter of Economics 101: when demand outstrips supply by a factor of 10-20x, the only logical outcome is for prices to surge in order to balance the scales.
I discussed this phenomenon in depth with Charles V. Payne on Fox Business today, shedding light on how these market dynamics could shape the future of Bitcoin.
beitmenotyou / Michael J Burgess
npub1yt…hx7a5
2024-03-12 20:46:38
Author Public Key
npub1ytnq39um06ultqr5m28uznkzepkmkqfdj9r56hcyqcqmh07rq99szhx7a5Published at
2024-03-12 20:46:38Event JSON
{
"id": "18d8efd5a5ab8566f31c7f7a66d3a2a597dc7a9b02c8518426d86f7b7a04b21b",
"pubkey": "22e608979b7eb9f58074da8fc14ec2c86dbb012d91474d5f040601bbbfc3014b",
"created_at": 1710276398,
"kind": 1,
"tags": [],
"content": "https://m.primal.net/HkIi.mp4 The upcoming Bitcoin halving is set to slash the incoming supply by a significant 50%. \n\nIt's a simple matter of Economics 101: when demand outstrips supply by a factor of 10-20x, the only logical outcome is for prices to surge in order to balance the scales. \n\nI discussed this phenomenon in depth with Charles V. Payne on Fox Business today, shedding light on how these market dynamics could shape the future of Bitcoin.",
"sig": "f32857c64ee7ddae558d79e2b7a497e684290645f54e853b25d2675f6ef18f87a2986d1c9cfe57a6a00096c1f77c2a9247edd4b9aa8f92333f773ca955ff625c"
}