Bitcoin reward halved, time to invest ?

So, Bitcoin halving has finally come around !

On 12th May 2020, shortly after midnight, miners reward for mining a block has come down from 12.5 BTC to 6.25 BTC

This was actually planned that way, ever since Bitcoin algorithm was hardcoded by (artist popularly known as ) Satoshi Nakamoto.

Like US Fed or Indian RBI, printing of more and more currency notes is a way to kickcstart growth. Similarly , Bitcoin supply is also designed to grow but at a lower growth rate as the time passes , in fact after every 210,000 blocks, mined at an interval of 10 minutes, mining reward is programmed to be halved. It started with 50 BTC in 2009 and now its 6.25 BTC. 

Thus the supply of Bitcoins in the market is slowing down and in total only 21 million Bitcoins will be there in total. As 18 million have already been mined , thus more that 85% work has already been done. By the time, the last Bitcoin will be mined in 2040, only 3 million more will join, thus practically bulk of the work is done. From now on, its purely a game of demand , since the supply is tapered out. 

More will the Biocoin's acceptance rise in mobile apps, shopping stores, forex remittances, vendor payments, Starbucks / KFC / McDonalds , more will its value against US$ / Euro / INR rise. Infact, its expected to leapfrog. Why? because coming out of corona crisis, banks are again likely to face sub-prime like crisis. People who have lost jobs or seen their business collaped, will walk into their banks and hand over keys of their house / cars /assets as they are unable to pay back their loans EMI. Again, banks will collapse , merge , liquidate and investors will lose money.

Isn't it time that we park our funds in a trusted cryptocurrency like Bitcoin ?

Let me have your comments please.

Thanks

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