@bomtom1
Hashwars are won by miners. Miners follow price. Price follows utility. Utility follows adoption. Adoption follows community. Miners know that.
@bomtom1
@bomtom1
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7 comments
miners dont always follow price.
I disagree, they must. In the short term they may deviate, but in the long run electricity needs to be paid and they must go for what's most profitable. Otherwise competition drives them out of the market.
not always. “If I had asked people what they wanted, they would have said faster horses.” Ford
> If I had asked people what they wanted, they would have said faster horses. What does "users don't know what's the best way forward" have to do with "Miners need to pay their bills"? I cannot follow.
Ford also had to pay his bills.
Thing is ABC and the rest of the community disagree on how adoption is best achieved. ABC: new-business development BCH: existing-business on-boarding
I am gold to read your article.take my respect.