Replying to Avatar WildBill

You don’t understand, clearly. The security budget for Bitcoin is shrinking. If Bitcoin doesn’t scale on the layer 1 (significant increase in transactions) or spot price double every 4 years, miners don’t get paid. This isn’t my opinion. Go do the math.
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₿itcoin Umuttur⚡⚡ 3mo ago 💬 1

In one scenario, if one miner captures 51% of the hashrate, the value of the entire network drops to zero, and all of the miner's devices become junk. Therefore, no miner wants to capture 51% of the hashrate.

Increasing the size limit or decreasing block times for scaling increases the blockchain size and eliminates small miners.

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JOE2o 3mo ago

It’s all dynamic variables. You've got shifting motivations, shifting rewards, shifting costs, shifting mechanisms, shifting code, shifting hardware. A lot of these "if X doesn't happen by Y then we get Z" arguments are nonsensical, because they assume every other variable is static.