OK. I think I can understand this (sound of trumpets playing in the background). Thanks for the 101 explanation.

Now, about the halvening . . . is that something that btc wrote into their white paper? Does it mean they are going to burn half their coins? Would that be like the Bank of England burning half of all the sterling in it's vaults?

I daren't ask . . . 😂 and why would they do that?

And please don't say to stop inflation. That's way above my understanding at this point. 😂

Oh yeah, about low liquidity coins on Steem-Engine. Is that coins that don't trade alot? And isn't that true of all coins on Steem-Engine? 😂