I’m starting to get excited about the next halfining. Here’s why.
The soldiers come out of the trojan horse, and there’s no putting them back in. The annual increase of supply being at about 0.8% further cements Bitcoin’s supremacy in regards to hardness. No physical asset or fiat can sustain that hardness when human actions are involved.
Which human actions? Searching for or mining more gold, oil, building more improvement on real estate? Sure, but more sinister is the wars that are constantly being extended for several years, since we’re realized we can just print government currencies to fund them.
There will be a clear line in the sand between Bitcoin and everything else. We won’t have people easily mining Bitcoin and getting rich as a distraction (the trojan horse.) And really that’s not a good narrative to compare to how governments can print. People will realize there’s no going back. Might be harder to withdraw from an exchange. Ant then, we win.