OPINION: Bitcoin halving may drive BTC consumer adoption

Bitcoin's impending halving has sparked heated debate about its impact, with David Bailey, chief marketing officer at Azteco, noting that the halving could accelerate consumer adoption of Bitcoin. The move will make Bitcoin cheaper to use, more accessible and more like other currencies by facilitating the adoption of second tiers such as the Lightning Network. The halving is essentially a change in compensation for those handling bitcoin transactions, a reminder that bitcoin is in limited supply and that increased demand could drive up its value. In the short term, the halving may lead to more people choosing low-cost transaction processing methods, such as the Lightning Network, promoting wider use of Bitcoin.