Bitcoin application development specialist Rina highlights the huge impact the upcoming halving will have on the Bitcoin market. In the run-up to this event, which coincides with all-time highs and the introduction of a cash ETF in the US, the halving of new Bitcoin production will meet with unprecedented demand from both institutions and retail investors. These conditions are conducive to transforming Bitcoin from a passive asset into a productive one. Trust Machines, Rina's company, is dedicated to creating innovative products to enhance the value of Bitcoin.

It also highlights the evolution of Bitcoin from a simple store of value or speculative object to a platform for the development of Web 3 applications and smart contracts, like Ethereum.

With Bitcoin representing an asset class of 1.3 trillion dollars, the prospects for use are diversifying, going beyond the store of value to embrace decentralised financial exchanges and services. Rina points to the emergence of technologies and applications based on Bitcoin's secondary layers (L2), which pave the way for the integration of smart contracts and the deployment of Bitcoin in decentralised finance (DeFi).

 


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