Might seem counter-intuitive but it is mining difficulty that drives price not the other way around.
How on earth did you come to such an erroneous conclusion? That makes zero sense.
Makes sense to me.
Mining ⛏ difficulty is the backbone of btc.
btc is created by converting energy to coin.
more difficulty means more power is needed to mine a coin.
thus the base value of a coin is determined by power needed to mine it.
He is making perfect sense.
Any one that does not agree simply should go for pos coins and leave this thread 🧵
how is that for fighting words.
Now I stand by that.
edit if you don't it means you don’t belong here as a btc person or a pow person or a satoshi person
second edit ✍️ it is okay if you don’t believe in the POW 💥 concept that satoshi coined when he first set btc into motion.
But the whole idea is energy is used to create wealth.
POW
not POS
Yeah, I agree with you regarding PoW etc, but that doesn't mean that mining drives price. Also, demanding that people should leave this thread simply for not agreeing with you might suggest that you yourself are less suited to a thread such as this which requires discussion. What a very odd position to hold.