Every four years, Bitcoin goes through a unique process called "the halving" that cuts the rate of new Bitcoin creation in half. This pre-programmed supply reduction has been long touted as a potential price catalyst by crypto fans. In this video, we break down exactly what the halving is, how it works under the hood, and explore the heated debate around whether these events truly drive Bitcoin's price higher through increased scarcity. We'll look at the precedents set by previous halvings, the counterarguments, and what to potentially expect from Bitcoin's next halving in 2024 as we separate hype from reality.