/biz/ - Business & Finance

>>59376983
>it’s just programmed to work
It’s programmed to fail. There is no floor. If price drops too much or there are too many halvenings the security of the network drops too much to keep people invested. This is why cryptocurrencies like monero have tail emissions.
The companies built for mining btc are already losing money. It’s only a matter of time for this downward spiral to play out.

>>59281863
Everyone knows transaction fees aren’t enough to support the network and BTC faces major security issues in the future.
Mara is already mining bitcoin at a loss with about $128k cost per bitcoin.

>>59273985
>pretty cool all these companies are adding bitcoin
LOL Mara is literally fucking over their shareholders by massively diluting the shares in order to hold onto their precious bitcoin.
The whole crypto industry is a scam.