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1/ In our @tokendaily newsletter on Sunday we discussed @nic__carter’s essay on Efficient Market Hypothesis topicality and how it relates to $BTC price during the upcoming halving.https://twitter.com/biserdimitrov/status/1213920296287297536 …
Though the halving could be priced in, there will likely be new information (or related information) that may not be fully priced in
2/ A couple examples of new information that arent available now include: a. Whether traditional financial titans such as Blackrock and Bridgewater will disclose positions in BTC b. How geopolitical issues will affect mainstream perspective on BTC and consequently its adoption
3/ Not all effects of the halving are well understood or easily evaluated - ex: the effect of the BTC network security budget Though it's not relevant to this halving, this question will become more important as the model becomes more reliant on tx feeshttps://twitter.com/spencernoon/status/1213578335462268930 …
Good thread for additional reading: https://twitter.com/seanplavery/status/1213634499017367552?s=21 …https://twitter.com/SeanPLavery/status/1213634499017367552 …
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