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Podcast: The Peter McCormack Show
Episode: Is Bitcoin Trading a Dirty Business? With Willy Woo - WBD222
Description: Location: Zoom Date: Sunday 10th May Project: Hypersheet Role: Co-Founder On May 11th, at block 630000 Bitcoin had its 3rd halving, cutting the block reward issued to the miners from 12.5BTC to 6.25BTC. This reduction in the subsidy is seen by many as a bullish event for Bitcoin. With the block reward cut in half, the amount of Bitcoin available for the miners to sell in the market drops from 1800 BTC/day to 900 BTC/day, reducing the sell pressure from newly minted coins. Bitcoin's recent drop in price has been attributed, by some...