The commercial delves into the supply and demand dynamics of Bitcoin leading into its fourth halving.
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TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin's supply and demand dynamics.
The video underscores this year's approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States, resulting in a surge in demand for bitcoin while the supply remains fixed. With the impending halving, the issuance of new bitcoins per day is set to decrease by half, highlighting the deflationary nature of Bitcoin's supply schedule. After this halving, Bitcoin's inflation rate is set to be lower than gold's inflation rate of ~1.5% on average.
quotation ———>Check out this article on Bitcoin Magazine: https://bitcoinmagazine.com/business/td-bank-releases-commercial-explaining-the-bitcoin-halving-and-promotes-etfs?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share