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9 Reasons Why Bitcoin Has Never Been Stronger Going Into a Halving
From surging price and all-time-high hash rates, to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving.
Updated Dec 11, 2022, 7:38 p.m. Published May 7, 2020, 7:00 p.m. 1 min read
From surging price and all-time-high hashrates to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving.
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This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.
The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues the excitement is also legitimate, and looks at nine reasons why bitcoin has never been stronger going into one of its every-four-year issuance reductions:
- Price
- Hashrate
- Mining competition
- Accessibility and Services
- Infrastructure
- Institutional awareness and participation
- Narrative relevance
- Perceived and real resilience
- Lindy effects
Oh, and let’s not forget: Hedge fund legend Paul Tudor Jones is reportedly invested in bitcoin and sees it as a hedge against "great monetary inflation."
See also: Why the Dollar Has Never Been Stronger or More Set Up to Fail
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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