‘$1 Million BTC’ Advocate Samson Mow Announces ‘Bitcoin Quantitative Hardening’
The post ‘$1 Million BTC’ Advocate Samson Mow Announces ‘Bitcoin Quantitative Hardening’ appeared on BitcoinEthereumNews.com. Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Contents “Bitcoin quantitative hardening” is here Bitcoin keeps beating gold, Mow says Samson Mow, the former CSO at Adam Back’s Blockstream and now the chief executive at a Bitcoin-adoption company Jan3, has published a Twitter/X post to announce that the long-anticipated fourth BTC halving has finally arrived. “Bitcoin quantitative hardening” is here Mow has referred to it as the “4th Bitcoin quantitative hardening.” Here, the influencer opposes it to quantitative easing that the US Fed Reserve has taken to quite frequently over the last few years, injecting billions and trillions of US dollars into the economy and, as many experts believe, has started to debase the US dollar. Many experts also believe these QEs to be a major driver that first pushed the Bitcoin price above $61,500 in April 2021 and then on to the $69,000 all-time high in November that year. In 2024, an unusual thing happened – the world’s pioneer cryptocurrency for the first time reached a new historic price peak before the halving (hitting $73,750 in March), not after it. Every halving reduces the amount of new Bitcoins injected into circulation in the form of miners’ block rewards. Today, after the halving these rewards were slashed from 6.25 BTC to 3.125 BTC and they will remain at that level for the next four years…
The post ‘$1 Million BTC’ Advocate Samson Mow Announces ‘Bitcoin Quantitative Hardening’ appeared on BitcoinEthereumNews.com.
Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Contents “Bitcoin quantitative hardening” is here Bitcoin keeps beating gold, Mow says Samson Mow, the former CSO at Adam Back’s Blockstream and now the chief executive at a Bitcoin-adoption company Jan3, has published a Twitter/X post to announce that the long-anticipated fourth BTC halving has finally arrived. “Bitcoin quantitative hardening” is here Mow has referred to it as the “4th Bitcoin quantitative hardening.” Here, the influencer opposes it to quantitative easing that the US Fed Reserve has taken to quite frequently over the last few years, injecting billions and trillions of US dollars into the economy and, as many experts believe, has started to debase the US dollar. Many experts also believe these QEs to be a major driver that first pushed the Bitcoin price above $61,500 in April 2021 and then on to the $69,000 all-time high in November that year. In 2024, an unusual thing happened – the world’s pioneer cryptocurrency for the first time reached a new historic price peak before the halving (hitting $73,750 in March), not after it. Every halving reduces the amount of new Bitcoins injected into circulation in the form of miners’ block rewards. Today, after the halving these rewards were slashed from 6.25 BTC to 3.125 BTC and they will remain at that level for the next four years…
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