Key Takeaways
- TD Direct Investing details the Bitcoin halving expected around April 19 or 20.
- The commercial emphasizes the fixed supply and growing demand for Bitcoin.
- Historical halvings have led to price increases; next inflation rate to drop below gold's.
TD Bank subsidiary, TD Direct Investing, has released a commercial on their YouTube channel.
It details the upcoming Bitcoin halving, expected around April 19 or 20.
Significance of Bitcoin’s supply dynamics
The video highlights the fixed supply and increasing demand for Bitcoin, especially following the U.S. approval of spot Bitcoin ETFs.
This sets the stage for a supply decrease when the new issuance of bitcoins per day will halve.
Historical impact and broader acceptance
The commercial also covers the halving process’s historical impact on Bitcoin’s price and its deflationary nature.
With this halving, Bitcoin’s inflation rate is poised to fall below gold’s average of 1.5%. Bitcoin will be at ~0.85%.
To watch the commercial click here, or use the embed below:
