Why should hashrate ever decrease, though? ASIC can be liquidated cheaper and cheaper until it's profitable to plug them again.
A government can then buy a bunch of cheap ASICs and destroy Bitcoin?
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No
Yes. Or you, or anyone else.
Andreas destroyed that argument in two minutes.
https://cdn.nostr.build/p/nb11636.mp4
I miss Andreas π«ΆπΎ
He should be here.
Yeah