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Understanding the Bitcoin “halving” event

Ashton Lawrence, certified financial planner with Mariner Wealth Advisors in Greenville, S.C.
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Ashton Lawrence, certified financial planner with Mariner Wealth Advisors in Greenville, S.C.

Most of us know what a stock split is. Something similar, yet not so similar, happened recently to Bitcoin. It’s called the “halving” and we have someone on the phone to help us understand what this is all about. Mike Switzer interviews Ashton Lawrence, a certified financial planner with Mariner Wealth Advisors in Greenville, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.