1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (4301) ·
As subsidy goes down over time, #BSV improves utility and use, and miners move their hash to stay profitable, there simple won't be any reason for #BTC to exist :)
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (6089) ·
More transactions = more profit for miners
More profit for miners = increase demand for miners
More miners = stronger network.
We'll continue to get stronger, they'll get weaker.
Am I following correctly ?
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (4301) ·
ctions.
#BTC is already dead. They just don't know it yet.
Or maybe they do. There's just absolutely NOTHING they can do about it. Except trying to make Craig's reputation as bad as possible to prolong the process with the inevitable outcome ;)
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (4301) ·
Yes as long as #BTC is stagnant in terms of on chain transactions and #BSV is growing, it is only a matter of time before #BSV will be sustainably more profitable for miners to mine.
Profitability is determined by:
- Price
- Difficulty
- Subsidy + transa