Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin halving effective?
by
davis196
on 28/04/2020, 04:37:43 UTC
Will bitcoin go back to its old ways according to the law of halving in the past?
The only difference is novel coronavirus epidemic has great impact on the economy, and all central banks are letting water go.
How is this money going to the currency market? How can bitcoin highlight the legal currency siege and become an important option for global asset allocation, rather than gold or the US dollar.

The BTC halving will definitely force the miners to become more effective(buying better hardware,relocating to places with cheaper electricity,lowering other costs).Other than that,I can't find a way to make Bitcoin "more effective".
The central bank stimulus plans will have some impact over the cryptocurrency markets,but the impact will be smaller than you think that it will come later.
Bitcoin can't "highlight the legal currency siege" without government support,unfortunately.