Banks Would Panic for More USD if Halving is Done for Fiat Like Bitcoin’s Doing In Less Than 1 Year

The year 2020 will be an important year in the history of Bitcoin and indeed cryptocurrency because of the halving that is to come. On the contrary, more fiat is being printed around the world, which results in inflation. Co-Founder of Morgan Creek, Anthony Pompliano compares the situation of Bitcoin with that of the U.S Dollar. He said if fiat supply is cut in half, banks will start to panic (FOMO) because of the scarcity. However, this is not likely to happen but Bitcoin which is already pretty scarce will be cut in half in 2020 and it will be a huge event. Pompliano implies that the FOMO will be high even prior to the halving which is to take place almost exactly one year from now. Bitcoin halving is an event that happens every four years as a feature of the Bitcoin network. This is basically the halving of block rewards which has happened twice in 2012 and 2016 and 2020 will be the third time since the