The bitcoin halving is just two weeks away. While the COVID-19 crisis and the introduction of "QE Infinity" has pushed attention off the momentous event for a while, the discussion is coming back fast and strong. Google searches for the bitcoin halving already exceeding the 2016 peak, despite almost no mainstream media coverage.
In a world of QE Infinity, when it comes to the bitcoin halving, are you a speculator, fundamental, miner or symbologist?
In this episode, NLW breaks down four archetypes of people within the larger debates around the bitcoin halving:
- Speculators: Those who flock to Twitter to engage in endless rounds of debate around the efficient market hypothesis and whether the halving is priced in or not
- Fundamentals: Those who believe what matters about the halving isn’t the short-term price movement but the fundamental decrease in supply
- Miners: Those who have to actually figure out how to make their business model work in the context of reduced issuance
- Symbologists: Those who are focusing on the significance of bitcoin’s issuance reduction coinciding with QE infinity
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