In 2012, the daily issuance of new #Bitcoin was 1800 multiplied by the price $12 equals $21.6k worth of Bitcoin (from 43k). Now Bitcoin‘s worth $63 million are issued daily which is reduced to $31.5 million after the 2024 halving. It looks to me that the halving is still significant.
The price of block reward in dollars is not why the halving is relevant...
Please Login to reply.
People usually buy Bitcoin with dollars.
And miner usually pay their expenses in dollar.