I understand that the number of Bitcoins mined daily will decrease from 900 to 450, resulting in 164,250 fewer Bitcoins mined annually that cannot be sold on the market by miners. Given the daily trading volume of approximately 300,000 Bitcoins, this reduction initially seems minor. However, I think the daily trading volume may include internal trades, not just inbound buying pressure.
Is there a way to measure the impact this will have on supply? Is this impact felt as soon as the halving happens or does it build over time? Any data is helpful or way to look at this. Thanks!
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