Replying to Avatar niftynei() 🇺🇸💸🧡

buying bitcoin -> pays miners who are selling their coins -> price goes up -> miners invest in building out capacity -> grid demand grows -> more power plants built to satisfy it
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BitcoinEagle.dev 2y ago

But ironically more energy capacity will be build where electricity is already cheap and plentiful. Where electricity is expensive and lacking eg Germany miners will never come and it will never get better.

Strange market dynamic 🤔

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6bc8867d... 2y ago

Over a long time period it's a free market of energy, which is ultimately the way of nature. Bitcoin is a foundation for value exchange that follows natural laws and incentives. Assuming the universe knows what it's doing, I believe it's the optimal solution