Coinbase Presents: The Third Bitcoin Halving Explained

On May 11, 2020, Bitcoin experienced its third halving (or halvening, as it’s also called). The halving is a 50% decrease in the production of new bitcoin. Halvings make new bitcoin more scarce, and history has shown that scarcity can impact demand — and price. Watch this video for a more detailed look into the halving and why it’s an important aspect of making Bitcoin scarce, desirable, and resistant to inflation. Read more about the halving and how Bitcoin is like digital gold here: https://blog.coinbase.com/digital-gold-scarcity-and-bitcoin-halvings-1d6cc16f3e8d ► Visit Coinbase here: https://www.coinbase.com/about ► Learn more about Coinbase's mission here: https://www.coinbase.com/mission ✅ Subscribe to our channel here: https://www.youtube.com/channel/UCofTOFX4QuhT8OY-3-fFRFw/?sub_confirmation=1 ► Follow us on Twitter: https://twitter.com/coinbase ► Like us on Facebook: https://www.facebook.com/coinbase/ ► Find us on Instagram: https://www.instagram.com/coinbase/ #coinbase #bitcoin #halving #Cryptocurrency #Blockchain #CoinbaseExchange #CoinbaseApp #OpenFinancialSystem #CryptoForAll __ This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.