When is Bitcoin Halving Event, and What Should We Expect From It?

When is Bitcoin Halving Event, and What Should We Expect From It?

Bitcoin halving is a critical event in the cryptocurrency sector that influences Bitcoin’s issuance rate and market dynamics. This mechanism is embedded within Bitcoin’s protocol, ensuring the digital currency’s scarcity and, theoretically, its value over time.

The Bitcoin halving countdown engages the community long before the event itself, marking a period of heightened speculation and analysis. This countdown is not just a timer but a signal to the market of impending changes in the supply dynamics of Bitcoin.

When is the Next Bitcoin Having?

Bitcoin halving occurs approximately every four years after every 210,000 blocks have been mined. This event halves the reward that miners receive for adding new blocks to the blockchain. It’s a deliberate mechanism to control Bitcoin’s inflation by slowing down the introduction of new coins into circulation.

The next halving is scheduled to occur around 2028, following the 2024 halving. This event will continue to follow the Bitcoin halving pattern, reducing the block reward further and impacting miners’ rewards.

How Could BTC 2024 Halving Affect the Market?

The most recent halving in mid-April 2024 saw the block reward drop from 6.25 to 3.125 bitcoins per block. This reduction has several implications:

  • Supply shock. With fewer new bitcoins being created, any stable or increasing demand could lead to a supply shock, potentially pushing prices upward.
  • Mining profitability. The immediate effect on miners is reduced profitability, prompting efficiency improvements or exit from the market for those unable to sustain operations.
  • Market sentiment. Historically, halvings have led to bullish market sentiments as traders anticipate price increases due to the reduced supply rate.

Previous halvings have shown a pattern of influencing Bitcoin’s price and the broader crypto market:

  • First halving (2012). The block reward was reduced from 50 to 25 bitcoins. This event coincided with a significant price increase from around $12 to over $1,000 within a year.
  • Second halving (2016). The reward dropped from 25 to 12.5 bitcoins, leading to a gradual price increase that culminated in reaching $19,700 in December 2017.
  • Third halving (2020). The reward halved from 12.5 to 6.25 bitcoins, with the price marking its new all-time high of $69,000 in April 2021.

Bitcoin halvings play a fundamental role in the cryptocurrency’s economic model, directly affecting the supply and, indirectly, the market price. Each upcoming Bitcoin halving is a critical moment for the network and its participants, driving the development of Bitcoin as a digital asset.

063 – David Andrew Wiebe on WeMaple

063 – David Andrew Wiebe on WeMaple

Who is David Andrew Wiebe? Where did he grow up? What pivotal life events shaped his views on life? What does he believe about the Universe?

This episode of Creativity Excitement Emotion features a conversation between WeMaple’s Matt Keay and David.

Sponsors:

  • Digital NO-Mad: Exposing the Lies of the Freedom Lifestyle and Grass is Greener Syndrome. David’s new book on designing the life you love through your passion is coming. Pre-order TODAY.

Highlights:

00:17 – David Andrew Wiebe on WeMaple
00:56 – What is The Indie YYC?
02:03 – Clean Slate
06:30 – What David’s guitar teacher told him
08:59 – How David bet on himself
12:55 – What role does formal education play in a creative’s life?
16:38 – How does more views or more subscribers affect our perceptions of a creator?
19:30 – Growing up in Japan and the moment that changed everything
23:23 – How David has applied personal development to his career
26:44 – David’s (controversial) thoughts on masculinity and men in culture
34:36 – Life expectancy – are we really living longer?
38:35 – Is David a flat earther?
41:05 – Reality is malleable
43:54 – How can you be positive while encountering negative circumstances?
46:56 – The hotbox incident
47:33 – When David got the cops called on him
48:18 – Three roommates and the sale of David’s home
49:08 – Three months of WTF
50:48 – David’s advice on writing and publishing books
52:18 – Closing thoughts

Summary:

Award-winning composer, best-selling author, and professional podcaster David Andrew Wiebe was recently a guest on WeMaple, hosted by Business On Camera’s Matt Keay. The conversation touches on everything from events and music to conspiracy theories and bizarre life events.

What is The Indie YYC?

Noticing David’s T-shirt, Matt asks what The Indie YYC is. David shares that The Indie YYC community was created by him and Frederick Tamagi.

Pre-pandemic, the community focused on three unique live events, including The New Beat (a fusion of poetry and live music), Storytellers (bringing together songwriters, poets, and authors), and Avant Guardians (featuring avant-garde and alternative musicians).

During the pandemic, as well as after, the community focused on growing mostly through user submitted content on Facebook.

Clean Slate

On February 16, 2024, David hosted a live music and multimedia event in Victoria, BC called Clean Slate. Matt asks how the event came about, and David shares that the idea came to him while reading Frederick Dodson’s Parallel Universes of Self.

David initially envisioned an event where he could bring people together to celebrate the launch of new music, a new book, new comedic video content, and more.

The initial phases of planning went swimmingly. Then, things started going awry in September 2023. David could not secure the featured artist he’d hoped to, and despite booking local artists for the event, it failed to gain local support. Most people in attendance were there because David had invited them.

Matt asks David whether he sees the experience as a stepping stone or opportunity to try his hand at another event.

David shares that while he sees the possibility of hosting low-cost, low-key events in the immediate future, he can’t see himself attempting something like Clean Slate again unless there’s a rabid demand for it.

What David’s Guitar Teacher Told Him

There is something David’s guitar teacher told him that has stuck with him until present day. Matt asks David what that was.

David shares that his guitar teacher told him that he’d surpassed him within one lesson.

I’ve been playing guitar for 13 years. Imagine what you’ll be able to accomplish in 13 years.

Matt asks David what kind of impact that statement had on him. David shares that it gave him the motivation he needed to keep practicing. From his teacher, he also learned not to dismiss people who offer him praise.

If people say good things about you, you don’t counter them, you don’t cut them off, you don’t argue with them. You simply accept it.

Betting on New Media

Matt asks if there was a connection between what David learned from his guitar teacher and the chances he took in 2009.

David answers that music was the commonality. Inspired by video game composer Tommy Tallarico, he was planning to take a new media course at the Southern Alberta Institute of Technology (SAIT), but the class was full, and he couldn’t get in.

The new media course was to cover composing, podcasting, and video editing, so instead of taking the course, David decided to learn how to do it all himself. He already had a home studio facility, so now it was just a matter of being willing to experiment, research, and ask questions to find his way.

David recalls starting a YouTube channel about movies and video games. He would often incorporate original compositions into his videos, hitting two birds with one stone (composing and video).

He also began podcasting in 2009, with the eponymous David Andrew Wiebe Podcast. The podcasts kind of mushroomed from there – AS Movies & Games Podcast, The New Music Industry Podcast, The Question Podcast, Using Your Power, and Creativity Excitement Emotion, among others. David was also briefly the co-host of Inside Home Recording, toward the end of its lifespan.

What Role Does Formal Education Play in Today’s Creative Space?

Matt asks David how relevant formal education is in the creative space, and whether (or how) natural talent plays into the equation.

David answers by sharing that he felt like exploring and learning himself was the right decision for him. He had the facilities, so it was mostly a matter of taking the time to understand software and hardware tools.

He remembers how frustrating it initially was to learn Adobe Photoshop. There were many times when he felt like throwing his laptop across the room. He’s still glad he did it, though, because in time he became much more adept at photo manipulation and graphic design (though David does not fancy himself a designer).

David learned from people like Steve Pavlina and Derek Sivers – who both did four years of university education in a year – that most programs are designed to accommodate the lowest common denominator. They move at a “chump’s pace.”

Thus, if you opt to learn the ropes (of anything) by yourself, you can take things at a pace that makes sense for you, versus trying to fit a round peg in a square hole.

David adds that the work he put into becoming a new media creator ultimately led to the point of him becoming an award-winning composer, which was well worth the effort.

More Views = More Credibility?

Matt asks David how much numbers (likes, followers, subscribers, etc.) come into the equation when people are looking for creators to follow.

David shares that most people who are trying to establish themselves on social media are effectively modeling their favorite personalities without understanding just how much names like Gary Vee or Grand Cardone carry weight.

The average creator, adds David, needs to be thinking about the viewer and structure their content in such a way that engages them. The video must be about the viewer, not the creator.

One of the top reasons to advertise, says David, is so that your face can be seen, which increases your recognition. Over time, you can establish yourself as an influencer, guru, or expert.

Ultimately, numbers can be deceiving. David says that they do play a part in perception, but they are not ready indicators of outward success.

The Moment That Changed Everything

Matt asks David about the “worst day” he’d ever experienced.

David was born in Camrose, AB, but was raised in Takarazuka, Hyogo, Japan. His older sister was born in Fukuoka, Japan. After returning to Canada for a few years, his parents decided to return to Japan, as English teachers and missionaries, when David was five.

While in Jr. High School (grade eight), David was one day called down to the office. David had a bad feeling about that, wondering what he might have gotten himself in trouble for. But when he got there, he was told that his dad was in the hospital and that someone would take him there immediately.

His father had gotten into a motorcycle crash and was receiving emergency care when David arrived at the hospital. His father was in a coma for 10 days but ultimately did not survive.

David says that moment had an impact that has lasted to this day. Much of the personal development work he’s engaged in through the years has been about untangling many of the false beliefs that were formed through that experience.

Matt asks David what it was like to see his father in a coma. David says it was a bit like “candid camera.” He was wondering when someone would pop out to let him know that it was just a joke. But that never happened.

Instead, his God- and Bible-believing family prayed for his father’s healing, but he passed on anyway.

How Has David Applied Personal Development to His Career?

David shares how discovering that only action is in the realm of performance turned him into a productivity machine. He adds that many of us run mental gymnastics about our day, trying to figure out what to say, what to do, how to do everything perfectly… If we can set that aside and stay in action, it’s possible to get a lot more done.

Another discovery was how everything can be gamified. Life is a game. Business is a game. It’s okay to approach things seriously, but it’s important to have fun and enjoy yourself too. Entrepreneurship is a game where you’re the one setting the rules and keeping track of the score, so you may as well make the game winnable.

Entrepreneurship is a game where you’re the one setting the rules and keeping track of the score, so you may as well make the game winnable. Share on X

Recommended reading: Anything You Want by Derek Sivers

Matt shares that a three-dimensional man is 1) aggressive like Client Eastwood, 2) fun-loving like The Three Stooges, and 3) spiritual like Gandhi.

Masculinity and Manhood: Where Are Things Going?

David shares that the conditioning at large appears to be focused on feminine energies. He doesn’t think of it as a net loss, but men are increasingly becoming sickly, docile, and weak.

Compared to previous generations, when men were strong, passionate, and determined, many men today do not display the same fire.

Matt questions David on the “conditioning” David refers to. Why would anyone want men to be docile?

David answers by saying you’ve got to follow the money trail to know who is pulling the strings. He also points out how soy is an ingredient in many foods at the supermarket, and this is known to increase estrogen in men.

Matt wonders aloud whether soy might be a necessary evil in a world where we must mass produce food for larger and growing populations.

David offers some food for thought:

  • Why are so many farms becoming industrialized?
  • Why is genetically modified seed being forced on farmers?
  • Food is not as nutrient-dense as it used to be, and can often contain ingredients, chemicals, or toxins that are harmful to the body.
  • Because of the poor quality of food, people are unhappy and sick, and as a result, turn to prescription medication, which is known to have many side effects.
  • There appears to be a circular economy between the government, media, healthcare, pharmaceuticals, and the food industry.

(Disclaimer: The above is strictly the opinion of the speaker. David is not a healthcare professional. If you’re looking for qualified health advice, speak with your physician or another credentialed source.)

Life Expectancy and Human Potential

Matt points out that life expectancy has changed drastically in recent history. There was a time when people lived to be 30 or 40. Now, people can live to be 80 and above.

David says neither he nor Matt were around 100 years ago, so it’s impossible to know exactly what life was like back then. Plus, apparently, in Biblical times, people were living to be 300 to 900 years old. So, why can’t people live to be hundreds of years old today?

David has heard through some obscure sources that some people are living to be hundreds of years old even today, but it must be kept hush-hush, or humanity would be up in arms.

David urges us not to ignore the power of suggestion because every day we’re picking up suggestions from the media and the information we consume. If we’re repeatedly being told that we’ll live to be 80, isn’t it mostly a self-fulfilling prophecy? Does it have anything to do with what’s possible?

Is the Earth Flat?

Point blank, Matt asks David whether he’s a flat earther.

David says he’s investigated the topic, but readily admits that he’s not sure what the shape of the earth is. The only logical conclusion he could come to, having explored the evidence, was that things don’t work exactly as we’ve been told they do.

Matt says he doesn’t know what he doesn’t know, and that encompasses a vast realm of knowledge. He wonders aloud whether there are different races, aliens, and biomechanical creatures occupying the planet, and if they’re the ones ruling the world. He’s fascinated by these types of topics.

Reality is Malleable

David shares that one of the reasons perspectives can vary so much on what appear to be well-established “facts” is because, maybe, reality is more malleable than we realize.

You can’t necessarily manifest an elephant in an instant. But if you spent every day thinking about elephants, printed up pictures of elephants and put them on your wall, and asked your friends how to manifest an elephant… would you eventually manifest one?

David recounts 2011 when he was working five poorly paying jobs, living with a roommate from hell, and on the verge of losing his house. He happened across a program called Your Wish is Your Command, and having listened to it, David was able to change his feelings.

Out of the blue, he gets a phone call from the bank telling him that he could refinance his home. He had no idea what that meant. He’d never even heard of the term before. But he manifested a way out of his situation by changing his feelings.

Matt asks David how people might go about elevating their feelings when they’re encountering challenges.

David offers the following:

Rapid-Fire Questions

Matt asks David about:

Self-Publishing

Matt asks David how others can go about publishing a book as he has.

David says he can ghostwrite a book from scratch, or even package up existing content and make it into a book for his clients.

Another method he’s seen work for the likes of Darren Rowse, Seth Godin, and Joe Pulizzi is blogging their book. Each blog post you write can be a section or a chapter in your book, all you have to do is think about what your book is going to be about, what you need to touch on, and break it down into digestible chunks.

062 – Embracing the Age of AI in Creativity – with Karlo Keet

062 – Embracing the Age of AI in Creativity – with Karlo Keet

Now that we’ve had the opportunity to see just what AI is capable of, many of us are starting to wonder about our futures, our work, our financial lives, and more. So, how concerned should we be? What is the right attitude to have toward AI?

In this episode of Creativity Excitement Emotion, David passes the mic with Karlo Keet, who shares his creative passions, business pursuits, spiritual practices, and why he’s embracing AI in creativity.

Sponsors:

  • Digital NO-Mad: Exposing the Lies of the Freedom Lifestyle and Grass is Greener Syndrome. David’s new book on designing the life you love through your passion is coming. Pre-order TODAY.

Highlights:

00:17 – Today’s guest, Karlo Keet
00:37 – How did Karlo get into photography?
03:15 – Karlo’s involvement with graphic and web design
04:45 – Aurora conspiracies?
07:22 – Digital marketing for artists, creatives, and creators
08:47 – How has Karlo’s work changed with the emergence of Artificial Intelligence?
11:31 – In the next 10 years, AI will overtake humanity in logical processing
19:46 – How Karlo got into tarot reading, Reiki, and all things spiritual
23:49 – Karlo and David’s comedic collaborations
26:37 – Karlo’s book and course recommendations
28:47 – What Karlo is looking to accomplish next
30:10 – Closing thoughts

Summary:

Coming soon.

AI Takeover?! Y’all Need to Chill Out

AI Takeover?! Y’all Need to Chill Out

One of David’s recent live streams on productivity and AI pushed some buttons, leading some viewers to leave some aggressive (and mostly irrelevant) comments about his stream.

In this video, David shares why everyone needs to take a chill pill.

Highlights:

00:00 – The book is about productivity
00:18 – Should I talk about Artificial Intelligence in my book?
00:40 – 18 ways artists and creatives can use AI to increase their productivity
00:59 – Sensationalist headlines
01:20 – Facts, stats, and figures concerning AI and productivity
02:40 – Programming?
02:54 – Assassination of character

Transcript:

Seriously. Y’all need to chill. I recently went live to read a chapter from my latest book, the Productivity, Performance & Profits Blackbook.

Let’s keep in mind. The first word in the title is “productivity.” I don’t know how you could have possibly missed this. The book is about productivity.

As I was beginning work on the book, I realized pretty quickly, “Hey, AI is kind of popping up and it’s becoming a big thing right now. It would be pretty silly of me not to cover productivity and AI in a book about productivity.” Wouldn’t you think?

I could turn a blind eye and not mention it, or I could write badly about a brand-new topic. Which would you have chosen?

Looking at the chapter in question, it’s primarily about 18 ways creatives can increase their productivity using AI. It’s theoretical. I asked ChatGPT what it thought, and it gave me 18 points. I expanded on those 18 points in the book. It was an experiment.

Now, I get it. My video totally had a sensationalist headline. But you try being a YouTuber for five to 10 years, pumping out hundreds of videos and only getting a few likes, a few views, a few comments. No one cares about what you’re doing. You try that. See if you can get any views on your videos without being sensationalist.

So, we had some questions about facts, stats, and figures. And it’s not that interesting yet. That’s not surprising, because we haven’t seen the full extent of how AI is going to be implemented as well as the specific ways in which it’s going to be applied towards creating a more productive workforce.

But the thing is… I was able to find a bunch of stats in short order with a five-second Google search. Look, I’m a consultant man. If you’re going to hire me for $150 an hour, don’t make me do Google searches. I would advise you to make better use of my time.

But let me share with you what I found, just in case.

64% of businesses expect AI to increase productivity.

“Expect to.” That doesn’t mean it will.

A quarter of companies are adopting AI because of labor shortages.

Hmm… interesting. It seems like maybe if people were willing to work, so many companies wouldn’t have to turn to AI.

Chinese companies have had the highest adoption rate of AI.

77% of people are convinced that AI will cause job less in the next year.

77% of people are convinced of a lot of things that don’t necessarily come true all the time.

15% of the global workforce could be displaced because of AI.

“Could be” is the operative term here.

Over 60% of business owners believe AI will increase productivity.

Again, “Believe.” “Believe” doesn’t mean it will, but that’s the way people are looking at it. People are entitled to their opinions.

Another thing that came up in the comments was something about LLM and programming.

Look, I don’t claim to know anything about this. My work will require that I learn about it, so I’m going to be learning about it. But I never mentioned anything about programming. It does not come up in my book.

Lastly, the whole point about the assassination of character…

Look, man, we’re all doing the best we can. If you’ve got something to say about the topic, why not leave me alone? Stop watching my stuff and go make your own video, bro. Seriously.

Okay, thanks for watching my rant. Have a great day.