In this clip from my recent podcast episode with Cedric Dahl, Cedric shares his thoughts on why Bitcoin's halving might be an overrated event in the short-medium term in relation to the price.
In his opinion, all that ultimately matters is adoption.
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Resources mentioned in the episode:
Cedric's YouTube Channel (free):
https://www.youtube.com/user/inspiredeye
Internet Money Newsletter (free):
https://internetmoney.substack.com/
1000x Private Research Group (paid):
1000x.report
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DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
▶️ 3Speak
I actually agree with Cedric on this. General adoption is a better focus, rather than scarcity, which the halving is meant to cause. If people (especially those in the West) lose interest in the token and dump massively, then you have a much bigger problem to deal with in the price of the coin.
Absolutely! Supply is important, but so is demand.
i did not really think any important and over hype should be associated wth this halving
Reasonable :)