Interesting. I think there are some other catalyst, all of which are not very likely, however I do see some sort of “realization” that greatly affect the amount of hash it currently pulls. Maybe not leading to a grinding halt, but nonetheless reinforced.
Do you think BTC will ever death spiral? For me, at some point, people are going to realize it just doesn’t work very well and paying ~$60,000 will not make any sense. Of course this comes from a person buying eggs and tendies.
Watch what @1618 does. You need to be thinking beyond your post. Also, I’m probably net even on rev vs reply cost, however the opportunities that have come up simply through engagement have proven great. $SHUA, REX1 airdrop, eggs, tendies.
@42757 Do you see what @1618 was able to do here? Subject matter notwithstanding, he established a proof of work for the distribution of his NFT that is listed and tradable on RelayX DEX. Strong concept, engaged first layer distribution.