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Bitcoin Halving Hype

Cryptocurrency

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  1. True or False? Due to the bitcoin halving, there will be a 50% reduction in the creation of new bitcoins.

  1. True
  2. False

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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  1. True or False? Due to the bitcoin halving, there will be a 50% reduction in the creation of new bitcoins.

  • True
  • False

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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2. How often does the bitcoin halving event occur?

  1. yearly
  2. every two years
  3. every three years
  4. every four years

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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2. How often does the bitcoin halving event occur?

  • yearly
  • every two years
  • every three years
  • every four years

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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3. How did the price of bitcoin change after the first three halving events in 2012, 2016, and 2020?

  • The price increased
  • The price decreased
  • The price stabilized
  • The price did not change at all

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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3. How did the price of bitcoin change after the first three halving events in 2012, 2016, and 2020?

  • The price increased
  • The price decreased
  • The price stabilized
  • The price did not change at all

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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4. What is expected to happen in 2140, when the supply of 21 million bitcoins is reached?

a) Using bitcoin will be outlawed

b) Miners will stop getting paid

c) Transaction fees will decrease

d) No more new bitcoins will be created

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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4. What is expected to happen in 2140, when the supply of 21 million bitcoins is reached?

a) Using bitcoin will be outlawed

b) Miners will stop getting paid

c) Transaction fees will decrease

d) No more new bitcoins will be created

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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5. What’s one reason why regulators warn people about investing in bitcoin?

a) Price movements are stable

b) Predictable market behavior

c) Potential for harmful speculation

d) Government endorsement

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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5. What’s one reason why regulators warn people about investing in bitcoin?

a) Price movements are stable

b) Predictable market behavior

c) Potential for harmful speculation

d) Government endorsement

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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You’ve completed the exercise, now it’s time to learn

more about the current event:

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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Discussion Prompt:

Why do you think some people might get excited about the Bitcoin halving event?

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE

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Extend Your Learning

Three Relevant Resources from NGPF:

  • NGPF’s Cryptocurrency Resources (One Pager)
  • The upcoming Bitcoin halving is different from others before it. (CNBC)

10,000 Bitcoin worth today? (Question of the Day)

  • DEBATE: Should You Buy Cryptocurrency? (Activity)

References:

  • Bitcoin halving: When will it happen and what does it mean for the price? (Reuters)
  • The fallout from FTX's collapse is being felt across the crypto industry (NPR)
  • iNVESTOPEDIA TikTok (Tik Tok)

BITCOIN HALVING HYPE | APRIL 26, 2024 EDITION | NEXT GEN PERSONAL FINANCE