What is a Bitcoin halving? | Coinbase
www.coinbase.com › what-is-a-bitcoin-halvingWhy is the Bitcoin halving important? By issuing fewer bitcoin over time, the halving makes it more likely that Bitcoin’s value will rise (assuming consistent levels of demand). This is in sharp contrast to fiat currencies, which typically decline in value over time via inflation – which is why you could get a Coke for a dime in the 1960s. The halving is one of the ways Bitcoin’s protocol maintains scarcity, and scarcity is one of the reasons why Bitcoin is sought after by millions of ...