French TV host says the Bitcoin halving will cut the price in half to “stimulate demand”. https://video.nostr.build/d169dc7a8a5315d6e4109e548d5dd733f789faa9ac248e1ba7f2b7f9e337f1ae.mp4
French TV """"Bitcoin Halving: The Bitcoin halving is an event that occurs approximately every four years, reducing the reward for mining new Bitcoin blocks by half. This mechanism is built into Bitcoin's code to control the rate of new coin issuance and maintain scarcity.
The reduction in the pace of Bitcoin issuance through halving is intended to counteract inflation and maintain scarcity, theoretically leading to an increase in price if demand remains constant. However, the direct impact on price is not guaranteed, and historical data does not conclusively support the notion that halving events cause immediate price increases.