As Bitcoin continues to grow in popularity, and especially as it has garnered more attention with the upcoming halving on May 12, the investment thesis continues to be strong for this digital asset. The halving is when the reward for Bitcoin miners will be cut in half on that date (as it does about every four years), which basically reduces the amount of Bitcoin going into circulation, which should in theory increase the value of Bitcoin over time assuming demand remains the same or increases. By maintaining scarcity in its algorithm, Bitcoin avoids the problem that fiat currencies face when more money is put in circulation, resulting in inflation or a long term decline in the purchasing power of the currency.