Would the supply and demand equation change if everyone runs a solo miner (I’m talking multiple millions of people)? Also, re attacks, we somehow lost momentum on nodes, 18,000 and decreasing…not enough.
Discussion
The supply and demand equation is ♾️/21M. That’s fixed.
I’ve asked multiple times about a charity to get nodes into the hands of Bitcoiners - we need this. Many want to run nodes but aren’t capable of setting up themselves.
It’s not 2012 anymore where cypherpunks rule Bitcoin. A spook holds over 1% of all coins now. We need pragmatism for this.
Agree. I meant supply and demand of computing power vs demand to include transactions. I would imagine if there are 100’s of millions of little solo miners, connected to a small solar panel, I would process transactions for free. Just to keep the mining network decentralized.