I personally disagree that the halving is valuable.
The real value comes from development and network expansion.
All the halving does is create massive volatility and centralize gains/losses in 4 year cycles.
It's a dream come true for traders and speculators but a nightmare for everyone else.
If the Bitcoin block reward was still 50 coins per block we'd still be doing just fine.
In fact I would make the argument that we'd be doing better because volatility would be much lower.
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