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0 sats \ 0 replies \ @DrBrader99 16 Nov \ on: Bitcoin doesn’t need to conquer the world to succeed bitcoin
I strongly disagree
Bitcoin design assumes high
Demand for blockspace when bitcoin subsidy actually goes to near zero (reward) transaction fee must replace so it require lots of economic activity lots of settling and blockspace competition that will require broad usage not a tiny niche
Just being valuable is not enogh for bitcoin
Even if bitcoin has high price if nobody uses it the fee market stays empty an attacker needs to outbid miner not market cap