Quote from: ololajulo on Today at 08:36:54 AM

The position of bitcoin as SOV has grown with massive adoption and confidence from holders. We keep seeing large acquisition from more wealthy names and individuals. We expect as the marketcap crosses trillion we should see other coins join in that size of figure in the year. This size of fund attracts countries and capitalists around the world to take position like their counterparts before they miss out.

I get caught up in the spin stories a bit myself

One thing that is pushing the price up is energy costs

The economic feedback loop from power generation and

usage is probably the biggest price pushing point

rather than adoption, I’ve not dwelled on it much tho

the power consumption running costs seem much higher

than the coin block reward.

Just holding a token dosnt make it increase in value.

Now if the energy economic feedback loop is combined with asset management

transfers in an energy blockchain hash strategy integration fashion

it cud be manageable and also prevent the risks associated with

exchange coin flooding the market, atm I think KYC laws have slowed

to some extent the liquidation of coin once everyone attains these

blcoks it will no longer be a workable strategy