I disagree. The reward halvings cannot come soon enough for bitcoin. Right now bitcoin (the community of bitcoin holders) is spending hundreds of millions of dollars a year in order to secure the network (in the form of new coins being created and sold onto the market). This has been pressuring the bitcoin price all year. Hundreds of millions in would-be bitcoin investment, sucked into mining hardware and electricity costs.
I disagree. The reward halvings cannot come soon enough for bitcoin. Right now bitcoin (the community of bitcoin holders) is spending hundreds of millions of dollars a year in order to secure the network (in the form of new coins being created and sold onto the market). This has been pressuring the bitcoin price all year. Hundreds of millions in would-be bitcoin investment, sucked into mining hardware and electricity costs.
Here is a excellent video discussing this: https://www.youtube.com/watch?v=_-TLA3j-ic4