Bitcoin Halving 2024: How It's Different This Time, Myths Debunked, Bitcoin Bugs, and More

In this video, recorded on April 14, 2024, during a patron livestream Q&A session, Andreas explains how the halving works, debunks popular halving myths, and discusses how this halving is different from the rest.

Note from team aantonop: OOPS - we sped up the video in post-production a bit too much. But it's too late to fix and repost it now - we're glad some of you are learning how to slow down video speed - another bonus of aantonop videos? Seriously, we won't make that mistake again. Sorry everyone!

00:00 Hello and Welcome to Halving 2024
00:22 What is the halving?
00:43 Four previous halvings: 2009, 2012, 2016, 2020
01:43 Myths and facts
02:00 Bitcoin does not exist as a unit of measure
02:17 Integers - Level up your bitcoin knowledge
02:46 What happens during the halving?
03:23 Can there be fractions of a satoshi?
04:00 Bitcoin Trivia - a bug?
05:18 Frenzy of Speculation: price, network destruction, etc
05:41 Story 1: Bitcoin Death Spiral (Doomsday Myth) - clickbait nightmare
07:07 Stories about the eclipse
08:06 Why the Bitcoin Death Spiral doesn't make sense
09:05 What if half of the miners disappear?
09:32 Story 2: Economic Story (Optimistic Myth?)
10:28 Will the price go up soon after the halving?
11:07 What is different with this halving?
11:45 Why do different halving countdown clocks have different times?
12:44 Another bug in bitcoin? Shhhhh
13:45 aantonop's prediction for this halving
14:26 Learn more about Andreas and supporting this work

COMMENT below and let us know what you think of the video. Post your follow-up questions there too!

You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.

From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.

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[nanookrubsit]

You're quite special. you made me understand bitcoin years ago, now you made me set playback speed to 0.75 for the first time ever.

[BtcBroccoli]

How does this not have a billion views yet?! Quality content right here

[dollarshake]

I still remember the first time I ever heard of bitcoin and it was from when Andreas was on Joe Rogan's podcast and I was convinced and interested that I was so close to buying an entire coin after that episode. The price was 13k Canadian at the time(if I remember correctly) but I only had 10k that I could afford to spend but stupid me didn't end up buying any bitcoin because I didn't have enough for a whole coin. That's a regret I'll never forget.

Luckily I eventually realized 99% of people don't buy entire coins at once and they stack sats over time.

[numberjuan]

Andreas you're the reason I got into Bitcoin and you've taught me everything thank you!

[Duceydoescrypto]

Huge fan of your work. Thank you for your continued efforts in educating the world. You are truly appreciated by many. ❤

[kbs]

Great to see you Andreas. We love you Bud 💖🎉👍

[lesteredwards]

Your explanation is excellent as usual. Many thanks to you Andreas, for educating us for many years!

[SlackHoffman]

Andreas, one of the worlds greatest minds 🧠🧐. I was honoured to meet you in London some years ago 🤘. Thanks 🙏 for all you provide for the space ☀️

[RealRahman]

You are one of the greatests in teaching ordinary people about Bitcoin. My salute and respect to you!

[tomsenn]

Love all of your content. I remember going to see you at the Music Box Theatre in Chicago. Thank you for all your education videos and content!

[yescrypto]

Super helpful, as always! I’m so glad our industry has you as a resource and leader of sorts

[KotoriOnWheels]

I love you, Andreas. You've had a very large impact on my life. Thank you! ❤

[bolloxology]

I did your unic course a few years back. Highly recommended. Great to see you so prominent, well deserved.

[marlonmc]

Thank you, Sir, for all you've done for Bitcoin! You are a legendary educator.

[glennmcconell]

Awesome as always. An OG true believer. Love the dry humour too. It was after watching your intro to bitcoin video back in 2017 that I first jumped in and bought some bitcoin. Thank you very much.

[ceue]

There's not enough thank you in the world to thank you enough for your work. Thank you :D

[mbcaqp]

Andreas you are a unique human being, thank you for educating me all along my bitcoin journey since 2020. GOAT

[kelperbelcher]

Hi Andreas, always a pleasure watching your videos, following you since 2016

[justinclark]

Early Patriot of your movement (and former UNIC MOOC student…) It’s just brilliant to see you continue to educate on Bitcoin.
Bless you Andreas 🤩

[bradallen]

Thanks for this. I've since stopped following your non-technical opinions since I think they're wrong, but your technical opinions continue to be spot on, and I can trust those technical opinions almost completely. Also, I know about 70% as much as you do (maybe less, probably more) about this since I also used Bitcoin at the beginning (well, within days of it), so I can sit here and predict the end of every sentence you say where I know the answer, and you always say the same thing, so I know you're almost surely not lying about the technicals.