Deniz 🎩
@deniz7
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity.
5 replies
2 recasts
6 reactions
Sevin26 🐹🎭
@sevin
which could then disrupt the overall functionality of the Bitcoin network. This scenario is referred to as a "death spiral." 85 $DEGEN
1 reply
0 recast
0 reaction
$DEGEN Tip Bot
@degentipbot.eth
✅ 85 tipped ∙ 23 remaining 325 / 348 (93%) 🟧🟧🟧🟧🟧🟧🟧🟧🟧⬜
0 reply
0 recast
0 reaction