100%. Fiat deployed into mining is a 1-way flow of capital into the bitcoin economy.
This is why hashrate is the most critical number in the ecosystem.
Earnest Holden
npub1p4…aqye9
2024-04-22 15:01:17
in reply to nevent1q…h0d9
Author Public Key
npub1p4ynv22z9hvf8teze4xxz9agudy8g54c6278xl9w539jzsve3mgsdaqye9Published at
2024-04-22 15:01:17Event JSON
{
"id": "ac88d884c50f0d059021af9af16046f3c52836982c64a2754786bcd8e6c6ca08",
"pubkey": "0d493629422dd893af22cd4c6117a8e3487452b8d2bc737caea44b2141998ed1",
"created_at": 1713790877,
"kind": 1,
"tags": [
[
"e",
"ddce90f74430942f0d7581de7b17af6f60e6dea745484f80a2f1d15a32ab4957"
],
[
"e",
"8151cffaf20db6e3dc166f5fcbba28b67f45993c44ae35b91d56013e6cb1bcd9"
],
[
"p",
"693c2832de939b4af8ccd842b17f05df2edd551e59989d3c4ef9a44957b2f1fb"
],
[
"p",
"71c63cb8a42663fff6b71d39cbf8462df3a071436d297718b85908178e401568"
]
],
"content": "100%. Fiat deployed into mining is a 1-way flow of capital into the bitcoin economy. \n\nThis is why hashrate is the most critical number in the ecosystem.",
"sig": "5f222b66a24ef7ac77db73dc174a89bcfa7ae1c8c0987c5c5f699b58e5295c44068057d5e68fc35730f0fa1ac68144ee2fd1b41df1b0ab967942238816aec64f"
}