πŸ’― I do think about it. The time chain is fascinating. It measures time; imprecisely in the short term, but measurably in in the long term.

I think about how businesses on the bitcoin standard, as long as halving cycles have some amount of semblance, have to not only think of quarters and years, but epochs. Years become quarter-epochs, and the difficulty adjustment lines up with the 2 wk pay period.

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Discussion

So far we have seen the quarter-epochs (and sometimes third-epochs for miners) have their own characteristics that is a part of the cycle. For cashflow and sustainability, businesses (especially miners) have to strategies and forecast based on these characteristics.