This time may be different due to new protocols, ETF inflows, and increased network activity post-halving, offsetting reduced block rewards by driving up fees.
To capitalize on the potential post-halving gains, a fundamental change in Bitcoin is necessary to address adoption barriers and leverage new assets like Bitcoin Ordinals and BRC-20 tokens.
The proliferation of Bitcoin Ordinals and BRC-20 tokens introduces new functionality and drives up network fees, potentially offsetting reduced miner revenue caused by the halving event.
The launch of a new asset type on Bitcoin, Runes, by Casey Rodarmor, marks a new evolution in the Bitcoin ecosystem amidst the halving event.
#bitcoin #halving-event #mining-rewards #etfs #bitcoin-ordinals #brc-20-tokens #network-fees #adoption-barriers #new-assets #runes
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