What it's missing is that adoption doesn't require more miners
Adoption doesn't require more miners but if it has a positive effect on price then it the creates incentives which will increase mining activity.
Very interested to see how btc performs over the next year with quantitative tightening and the looming corporate junk bond crisis.
Another high risk asset to be deleveraged and dumped? A hedge for the digital age as it was designed?
We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.