brixjorgn on Nostr: I think the market demands more block space as the amount of mining increases because ...
I think the market demands more block space as the amount of mining increases because it is directly proportional to the level of security of the network.
More mining = more security = more demand for Bitcoin as a store of value
Also in your “opportunity cost” remark, it should include the fee rewards, which recently exceeded the block reward, and will likely do so again in the future.
Published at
2023-05-10 19:44:39Event JSON
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