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BTC Halving: Why is Bitcoin Worth Anything?
Every four years, there's a US election, the World Cup, and the Olympics. They don't all happen in the same year, but they each have a 4-year cycle.In a few minutes, there's another event that happens once every for years that few talk about: the bitcoin halving.To celebrate, I'll give a simplified explanation of what the halving is and why it's significant.Afterward, I will turn to a more fundamental question: why is bitcoin (BTC) worth more than a dollar and why do I keep talking about it given that I'm mostly known for my travels?What is the Bitcoin Halving?Every 10 minutes, a fast bitcoin…
The skinny
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