The Centbee Show 18 - The Bitcoin Halving!

In this episode of the Centbee Show, hosts Lorien Gamaroff and Kage Ntshingila discuss the power of Bitcoin SV and its potential to revolutionise mobile money worldwide. They delve into how Bitcoin SV provides a 'superpower' with its global transaction abilities. They also discuss using Generate AI to produce Centbee marketing material.

The topic of Bitcoin halving also takes center stage. They explain the implications of the halving – a process where the reward for mining Bitcoin blocks is halved. Highlighting the differences in approach between Bitcoin BSV and Bitcoin BTC, the hosts emphasise the risks to BTC with the upcoming halving if its price does not increase significantly or transaction fees do not make up for the lost mining reward.

The importance of user support and customer feedback is also underscored, along with the social element of their app.

Subscribe Lorien's Substack
https://gamaroff.substack.com

Lorien Gamaroff's Youtube channel
https://youtube.com/user/gamaroff

https://centbee.com
https://www.bsvblockchain.org/

00:22 Introduction to the Centbee Show
00:44 Discussing the Power of Bitcoin SV
02:58 Centbee as a Social Networking App
04:08 Marketing Strategies and Challenges
07:05 The Importance of User Engagement
07:38 Introduction to Bitcoin Mining and Halving
08:04 Understanding the Mining Process
10:48 The Role of Miners and Block Rewards
14:27 The Impact of Halving on BTC and BSV
18:10 The Future of Bitcoin Transactions
22:21 Understanding Bitcoin as a Digital Cash System
22:32 The Impact of High Transaction Fees on BTC
22:53 The Role of Miners in the Bitcoin Ecosystem
23:42 The Intrinsic Value of Bitcoin as a Ledger
24:38 The Effect of Reduced Supply on Bitcoin Demand
26:46 The Potential Downside of the Halving Process
27:56 The Impact of Reduced Mining on the Bitcoin Network
30:40 The Role of Difficulty Adjustment in Bitcoin Mining
32:27 The Potential Death Spiral Scenario for Bitcoin
33:44 The Importance of Utility in the Value of Bitcoin
36:20 The Power of BSV and Centbee
37:28 User Questions and Feedback
38:59 Highlights from the Community
42:08 Closing Thoughts on the Bitcoin Halving