I’m guessing that’s one of several factors….
But in a fiat world of free money, too big to fail institutions , a robust futures market, the cantillon effect and the threat that decentralized value/currency poses to world govts I have a feeling there are other tools available and likely in play 🤔🤷🏽♂️
yes! the winds are shifting and capital is getting re-positioned, the vessel is tacking, and our bitcoin sails are trimmed to catch that breeze after these summer doldrums
I hope so my brotha
…but more importantly I hope BTC mining stays as decentralized as we think it will be…and it remains as censorship resistant and permissionless as it has been up until now
…IMHO as long as it does those things “number go up” will take care of itself🌅
