Third Bitcoin Halving has Just Occurred

 

Minutes ago, the third Bitcoin halving has occurred. Happening only once every 4 years, the latest Bitcoin mining block reward halving has cut the Bitcoin block reward from 12.5 BTC to 6.25 BTC.

Tradeblock.com data reports that the third halving of Bitcoin occurred at 3:23 PM EST on May 11.

Just before its third halving, the Bitcoin price was over $8,530, and after the halving it has set over 2% of increase setting $8,711 USD within only about 15 minutes and it keeps growing.

Commenting the third Bitcoin halving, Bitcoin Twitter account shared a tweet once again reminding the world that Bitcoin is decentralized, no one has a control over it, calling everyone use Bitcoin instead of money.

As your government prints trillions of dollars out of thin air for themselves, Bitcoin just reduced it’s issuance automatically.

All with no leader. No one controlling the monetary policy. That’s the point.

Stop using “their money”. Start using the people’s money: #Bitcoin.

— Bitcoin (@Bitcoin) May 11, 2020

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