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"Greater transparency over the government's transactions in bitcoin and the financial situation of the state-owned bitcoin-wallet Chivo remains essential," the IMF said. Miners compete to find the code that will add the new block to the blockchain. CoinTelegraph. has its bitcoin: "Bitcoin Halving: How It Works and Why It Matters." http://paxtonmxmf326.theglensecret.com/crypto-market-prediction, Additionally, El Salvador can't print cash to shore up its finances. El Salvador ditched its local currency, the colon, in favor of the U.S. dollar. Only the Federal Reserve can print more dollars. Meanwhile, its other national currency, bitcoin, is revered for the fact that it, too, is impossible to mint out of thin air. Bitcoin halving occurs approximately every four years, where the rewards given to Bitcoin miners for mining blocks are cut in half. Halving was built into the Bitcoin protocol to maintain its value as a deflationary currency. By reducing the amount of new bitcoins, the protocol aims to prevent the devaluation of Bitcoin over time, which often happens with inflationary currencies.
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