Bitcoin is on the verge of its third block reward halving, a monumental event for the world’s largest cryptocurrency.
To understand Bitcoin’s value proposition as a form of storing value and a medium to transact in, the coin’s performance over the past decade may help paint a better picture.
“The same is true of money, the entire purpose is to just move value across space and time.
With the third block reward halving taking place in over two days’ time, the Bitcoin scarcity narrative seems to be further emboldened.
At the time of writing, Bitcoin was trading at $9,692 with a 24-hr trading volume of $24.1 billion.

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