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Yes, each season brings a new beauty
Honest question. If the cost to mine Bitcoin becomes too high relative to the value of that Bitcoin because of a drop in price, could there be a situation where miners drop off and the difficulty adjustment goes down? This would lower the bar and and support a lower pricing trajectory. Is this the wrong way to think about it?
GM βοΈ
Great piece ππΌ
ππΌ
Bitcoin is valuable if it remains decentralized and secure. The constant price fixing from paper Bitcoin challenges the argument that Bitcoin remains decentralized.
Beautiful ππΌ
Wow, I don't know much about Monero. Impressive summary. π
GN
Of course, it was the least we could do π
You are welcome, it was the least I could do. Big fan of your work.
"A ship in harbor is safe, but that is not what ships are built for." - John A. Shedd