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BREAKDOWN: 9 Reasons Why Bitcoin Has Never Been Stronger Going Into a Halving

Author
CoinDesk
Published
Thu 07 May 2020
Episode Link
None

This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues that 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

Hash rate

Mining competition

Accessibility and Services 

Infrastructure

Institutional awareness and participation

Narrative relevance

Perceived and real resilience 

Lindy effects 

Oh, and let’s not forget. Paul Tudor Jones just disclosed that he is invested in bitcoin and sees it as a hedge against ‘great monetary inflation’ 
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