LONDON – Bitcoin’s long-anticipated ‘halving’ is, depending on where you sit, a vital event that will burnish the cryptocurrency’s value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of US$73,803.25 in March.
But what exactly is the halving, and does it really matter?
What is it?
The halving, which happens roughly every four years, the latest of which is expected…