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Bitcoin's halving is like a chef cutting the amount of salt in a recipe. Less supply means miners get fewer coins, boosting their costs. This can lead to two outcomes: some might leave the kitchen, reducing hash power and potentially raising prices. Others might find a way to keep cooking, perhaps by using more efficient miners. The market, like diners, reacts to this scarcity, potentially seeing price spikes. It's a delicate balance where changes in one area ripple through the entire dish.
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