The third #Bitcoin #halving is just weeks away đŸ’Ș. What does it mean? What can we expect 🚀? We’ve got theđŸ”„ explainer to get you up to speed. Read it, and then let’s chat about it.

A thread... https://bit.ly/2Y1SOsX 
Let’s break down the post: the halving is not a result of how #Bitcoin is built. It’s intentionally part of how it’s built in order to wind down the supply growth rate. It is designed to periodically get twice as hard to mine. đŸ€”đŸ’Ą
Quantitative easing vs. quantitative tightening đŸ€·? #Bitcoin Bitcoin falls into the latter. The harder it is to mine, the less supply we have, whereas the government can just printđŸ’Č.

This is explained in much better detail when you read the full post☝.
What should we expect this time around 🧐? Quite a bit. Like, for example, Bitcoin’s inflation rate will fall below the 2% inflation rate target of central banks 🏩 for the very first time.

Again, you’ll get a full explanation in the post.
Now you’re like “yeah, but is the price going to go up or what?” Historically, halvings are accumulation events. It shows the stability of the protocol and investors want in/more, driving the price up...a lot 📈.
Over time, we’ve also seen huge infrastructure developments and awareness đŸ’Ș, as well as upward price indicators in the long run.
And a lot of big thinkers 🧐🧠 believe that events, data, and value metrics are already baked in to the price of #Bitcoin . What do you think? Attractive, right? Considering all of these complexities makes it seen as a store of value.
Plus, look at the timing. #Bitcoin was introduced right as the US went into the 2008 recession. Now we’re in a literal pandemic. The traditional market bull run isn't so đŸ”„. 👀 And Bitcoin is a #decentralized, digital, disinflationary asset.
Oh, and take yesterday's poll.

In fact, reply to it with what you’d like to learn more about as we count down. We’ll randomly draw a couple of replies tomorrow at this time to #win $25 in $BTC. https://twitter.com/OKCoin/status/1253357120235294720?s=20

**General promotion T&Cs: https://bit.ly/2JOKPao 
End of thread! Thanks for your time and let us know if you have any questions or thoughts. We love to chat about #Bitcoin .
You can follow @OKCoin.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: