Amanda Fabiano, director of Bitcoin mining at the Fidelity Center for Applied Technology, and Christopher Bendiksen, head of research at CoinShares, discuss the third Bitcoin halving, which occurred hours before the publication of this episode. They discuss:

the significance of the halving
what effect it could have on price and what Amanda and Christopher think of Dan Morehead's projection that it could reach $115,000 next year
how macroeconomic events like the coronavirus and quantitative easing could impact uptake of Bitcoin
how the halving could affect miners and hash rate
how the halving could influence the environmental impact of Bitcoin
why mining was the first activity Fidelity pursued with Bitcoin
what they think needs to happen in Bitcoin to foster more adoption
why hash rate derivatives will be a crucial step
what the outlook is for institutional adoption of Bitcoin
plus, is it halving or halvening?

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Episode links:

Amanda Fabiano: https://twitter.com/_amanda_fab

Fidelity Center for Applied Technology: https://www.fidelitylabs.com

Christopher Bendiksen: https://twitter.com/C_Bendiksen

Coinshares: https://coinshares.com

Coinshares’ 5 Popular Bitcoin Halving Theories: https://coinshares.com/research/5-popular-btc-halving-theories

Coinshares’ December 2019 Bitcoin Mining Report: https://coinshares.com/assets/resources/Research/bitcoin-mining-network-december-2019.pdf

Unconfirmed episode with Dan Morehead: https://unchainedpodcast.com/a-bitcoin-price-of-115000-next-year/

Bitcoin stock-to-flow ratio: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

Fidelity opens trading to institutional customers: https://www.bloomberg.com/news/articles/2019-05-06/fidelity-said-to-offer-cryptocurrency-trading-within-a-few-weeks

Fidelity Digital Assets signs first exchange: https://www.coindesk.com/fidelity-digital-assets-to-sign-up-its-first-crypto-exchange-by-end-of-the-year

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#1245 - Q&A: Does my idea to sell art in Airbnbs make sense?