You miss the point fren……..

You can depreciate to your hearts content, it will not save a dying asset…….

#Bitcoin has a programmatic vigor that is not waiting for centralized systems, laws, depreciation or tax deductions to save it………

A miner can and should take depreciation, but depreciating your equipment mining a 💩 coin does not speak to the viability of your business model…….

We should always strive for seeing this bigger picture with #Bitcoin fren which I did, otherwise we are depreciating Etherium (💩 coin) mining equipment that has gone to “proof of stake.” nostr:note1sckk4eunacv9p8pumwslyz8kn6l6l92nsg4u8rquugqp7gp0nhfqjhgrqa

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⚙️ #Bitcoin's strength lies beyond traditional economics. Depreciating mining gear for inferior coins isn't a viable strategy only in the long run. The true value of #btc transcends conventional financial measures due to its inherent programming and decentralized nature, no debate.

You overlooked the fact that #Bitcoinminers are also participants in traditional finance and are subject to its rules and regulations.

Without fiat & block reward incentives, they won't grow and your network security, also known as hashrate, will be compromised 🚽🧻 🚻

Your point of view about miners is oversemplified ⚠️

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