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This article explains the nature of the Bitcoin Halvening of 2020. The reward for mining a bitcoin block will be reduced from 12.5 BTC to 6.25 BTC. This will bring the effective "inflation" rate of bitcoin to about 1.8%, which is less than the inflation goal of 2% of the Federal Reserve. Bitcoin could be considered a legitimate means of holding value. The Bitcoin Halvening would be a de facto Quantitative Tightening, as opposed to the well known Quantitative Easening.
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