teachin_bitcoin on Nostr: ...
Son: Dad, do you know that the next halving is estimated at the end of March 2024?
Dad: Son, they are going to cut my portfolio in half?!
Son: First, there is no "they", Dad, and, second "no".
Bitcoin is a protocol, and the protocol does its thing. One of those things is the "halving" that happens every 210,000 blocks.In the 2024 halving, the block reward will drop from 6.25 BTC per block to 3.125 BTC.
Dad: I remember again. With each new block, new coins are put into circulation. This happens every 10 minutes.
Son: Every 10 minutes on average. The halving brings a significant decrease in fresh supply.Think about how precious each and every unit of Bitcoin is.
#Bitcoin
Published at
2025-01-22 09:41:57Event JSON
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"content": "https://www.teach-me-bitcoin-son.com/media//generated/the-next-halving-is-estimated-at-the-end-of-march-2024.png\n\nSon: Dad, do you know that the next halving is estimated at the end of March 2024?\nDad: Son, they are going to cut my portfolio in half?!\nSon: First, there is no \"they\", Dad, and, second \"no\".\nBitcoin is a protocol, and the protocol does its thing. One of those things is the \"halving\" that happens every 210,000 blocks.In the 2024 halving, the block reward will drop from 6.25 BTC per block to 3.125 BTC.\nDad: I remember again. With each new block, new coins are put into circulation. This happens every 10 minutes.\nSon: Every 10 minutes on average. The halving brings a significant decrease in fresh supply.Think about how precious each and every unit of Bitcoin is.\n\n\n#Bitcoin",
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