Bitcoin Hard Fact Edition 1 - Fact #20

Bitcoin's unique monetary policy is governed by a pre-programmed halving mechanism designed to occur approximately every four years, reducing the rate at which new bitcoins are issued. This event, known as the "halving," has significant implications for Bitcoin's supply dynamics, as it gradually decreases the inflation rate and approaches the maximum supply cap of 21 million bitcoins. The halving events serve as pivotal moments in Bitcoin's lifecycle, often associated with increased scarcity and heightened market attention, contributing to its deflationary nature and long-term value proposition as a digital store of wealth.