Would halving and price increase after halving encourge more people to adopt bitcoin into their lives ?
Dunno. Maybe it depends on what role the world decides to award it if it was taken to their bosom.
It's easier to make a case for it as a turbocharged digital gold than anything else. What do you think it might become?
1. Probably not. Most people don't know anything about bitcoin, and certainly nothing about the halving. So why would that affect them? If anything, maybe people will be turned off by an increase in price, thinking it's too expensive now. There may be some new entrants looking to speculate and get rich quick. But they're not adopting bitcoin into their lives, only speculating for profit.
Aye. Most of that would be far over the average user's head.
2. Of course it's possible. If the demand falls by a lot, the price will fall. halving isn't the only factor in determining the price, in fact, I think it's probably a very small one.
Yup. It all hinges on demand. If that never arrives then everything else is irrelevant.
