ALVING ( A MUST READ ) ๐ข๐ข
With the block subsidy halving every 210,000 blocks, the inflation rate is also halved roughly every 4 years. This puts the new annualized inflation rate of the Bitcoin supply at a value of 0.85%, down from 1.7% in the prior epoch.
The fourth halving also marks a significant milestone in the comparison of Bitcoin to Gold as for the first time in history, Bitcoinโs steady-state issuance rate (0.83%) becomes lower than Gold (~2.3%), marking a historic handover in the title of scarcest asset#ScamRiskWarning #Fed $BNB