As you may know. #Bitcoin follows a kind of #Austrian #School of #Economics. When demand drops, supply drops, and Bitcoin adjusts.
Hash rate and block subsidy is less critical than you think. Except for the individual miners bottom line..🤔🙂
As you may know. #Bitcoin follows a kind of #Austrian #School of #Economics. When demand drops, supply drops, and Bitcoin adjusts.
Hash rate and block subsidy is less critical than you think. Except for the individual miners bottom line..🤔🙂
Not quite. The block subsidy IS the supply. And it exponentially decreases, all be it, over a number of years.
The supplies is 21million. It doesn't matter whether the hash rate is high or low. The supply is still 21 million. Hash rate is only relevant for competing #individual miners bottom line. Bitcoin doesn't care..😊🗽