The Daily Leo | 69 Days Countdown to Bitcoin Halving

in voilk •  5 months ago

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    69 Days to Bitcoin Halving

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    Bitcoin halving is the big upcoming event in the crypto world and its just 69 days from now. This is the estimated time and the exact time is based on the block generation. Halving is the event that cuts the mining reward by 50% and in the past, we have seen how the market did pretty well after the event. Its expected that we may see the market turning bullish by this year-end or next year possibly and such speculations are done based on the bitcoin halving event.


    Korean Blockchain Week 2024 (KBW2024) is a great event where we can see a lot happening in the crypto space. Many such events are happening in different countries and its a good start. Such events are needed for us to see how things are shaping up and also an opportunity to learn more about crypto and blockchain innovations. This seems a great event to be part of for crypto and web3 enthusiasts and keep an eye once tickets are available. Its also expected that this is going to be the biggest event so far in the last few years.

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    Lebanon is going through a currency crisis and Bitcoin can turn out to be a solution for the recovery. This financial crisis is the biggest one in recent times and the value of the currency has dropped by 95% which is a serious matter. Bitcoin, as a digital currency, offers a clear alternative to deal with the problem and it will give access to own this without any external permission. Self custody is the biggest advantage of bitcoin and no intermediary is required as well.


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    The world is going through different economic situations where some countries are struggling to manage their economic conditions. The World Economic Forum has predicted that the world economy is going through a crisis and we may see a drop in the coming years. As per the report, this is expected to start in 2024 and we are in this year already. If this is already started then the impact should be visible gradually and that too within this year. This prediction is based on certain analysis and there is always a possibility that things may go a different way and reality is completely different. Let's wait and watch to see how things will be unfolded this year.


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    Politicians are expected to work for the betterment of the country but the reality is not the same. I am not saying that all politicians are not good instead there are quite a few doing great for the country. This incident is a good example of how these politicians are trying to misuse government funds and assets for their use which is not fair. This can also be a classic example for others to follow and never misuse or share incorrect information when that is not needed.

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