TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin’s supply and demand dynamics.
JUST IN: TD Bank subsidiary releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after 👀 pic.twitter.com/a8YTClIhMf
— Bitcoin Magazine (@BitcoinMagazine) April 11, 2024
The video underscores this year’s approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States, resulting in a surge in demand for bitcoin while the supply remains fixed. With the impending halving, the issuance of new bitcoins per day is set to decrease by half, highlighting the deflationary nature of Bitcoin’s supply schedule. After this halving, Bitcoin’s inflation rate is set to be lower than gold’s inflation rate of ~1.5% on average.
#Bitcoin’s inflation rate will become lower than gold’s post-halving 🤯
There is no second best 🚀 pic.twitter.com/ozYM44IIlA
— Bitcoin Magazine (@BitcoinMagazine) April 11, 2024
TD Direct Investing elaborated on the halving process, explaining that it occurs approximately every four years (or every 210,000 blocks) until the year 2140, by which all 21 million bitcoins will have been mined. The commercial also touches on the historical patterns observed after previous halvings, noting a corresponding increase in Bitcoin’s price post-event.
The release of this educational content by TD Bank signifies a broader acknowledgment and interest in Bitcoin’s economic fundamentals among traditional financial institutions and investors. It reflects a growing awareness of Bitcoin’s limited supply and its potential impact on its value proposition as a store of value.
As market participants in Bitcoin prepare for the upcoming halving, TD Direct Investing’s initiative to explain this complex concept through an easy to understand media like a commercial is a testament to the evolving discourse around Bitcoin within mainstream finance.
Incredible story there. What occurred after? Good luck!
You made some really good points there. I looked on the internet to learn more about the issue and found most people will go along with your views on this website.
Article writing is also a fun, if you know afterward you can write if not it is
complicated to write.
Keely Odum is what’s written to be with her birth certificate and she
totally loves this establish. My friends say it’s negative for
me but things i love doing is to watch movies and I’ve been doing it for quite a while.
My house is now in District of Columbia. Dispatching is his day job now but he intentions
of changing who’s.
What i do not realize is in reality how you are now not really a lot more
smartly-appreciated than you may be now. You are very intelligent.
You understand thus significantly relating to this topic, produced me personally believe it
from a lot of various angles. Its like men and women don’t seem to be involved
until it is something to accomplish with Girl gaga! Your personal
stuffs excellent. All the time deal with it up!
I’ve been exploring for a bit for any high-quality
articles or weblog posts in this sort of house . Exploring in Yahoo I ultimately stumbled upon this web site.
Reading this information So i am satisfied to exhibit that I’ve an incredibly good uncanny feeling I came upon exactly what I needed.
I most definitely will make certain to don?t omit this site and provides
it a glance regularly.