Under 365 days are left till the next Bitcoin Halving in 2024, this one will officially bring the inflation on the Bitcoin supply below 1% and the inflation of Gold.

One event we as Bitcoiners or even just Crypto investors look forward to with a great excitement is most definitely, the Bitcoin Halving. We basically have been waiting for this in the whole cold and shivering Bear Market last year and now exactly on year and 365 days are left until then, approximately on the 4th April we will have the Bitcoin Halving happen.

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From buybitcoinworldwide site, others may have other estimates

What is it even? For anyone new, the Bitcoin Halving is an event where the rewards/Bitcoin that get released after one block is mined will be halved, thus decreasing the speed at which the already scarce supply is being brought in. The “Bitcoin Inflation“, which is already low gets even lower and nothing can change that inflation (significantly) except a Halving.

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Bitcoin Halving long-term chart

This year the Bitcoin Inflation will even drop below 1% from 1.73% to just under 1% and thus it will even drop below the current Inflation rate of Gold which is at about 1.6% and very unpredictable as new supplies can be discovered any time. For more on the comparison of Gold and Bitcoin Inflation you can view my prior post.

Also in the long-term, the Halvings will make the Bitcoin inflation nearly non-existent and the Supply will visually be stopped at a certain point, that is also why it will take up to they year 2151 to mine all BTC even though we are already at 19 million out of 21 million. The supply of BTC will basically stop very soon while the demand will be ever-increasing, there just can not be a more bullish trend…