Fidelity rebuts claims Bitcoin becomes less secure after halvings
CoinTelegraph·
60-second summary
Fidelity is refuting claims that Bitcoin's security is compromised after each halving, citing the fixed supply schedule as a stabilizing factor. The company argues that miners' shrinking block rewards do not undermine network security. This rebuttal aims to alleviate concerns about Bitcoin's security, ensuring its continued adoption and viability as a store of value and medium of exchange.
The asset manager argues Bitcoin's fixed supply schedule does not undermine network security, even as miners face shrinking block rewards after each halving.