“People [in the Bitcoin ecosystem] are looking at things that are going on in Ethereum and saying, ‘How can we do that?”

“People [in the Bitcoin ecosystem] are looking at things that are going on in Ethereum and saying, ‘How can we do that?” https://unchainedcrypto.com/a-new-era-for-bitcoin-is-here-whether-bitcoin-maximalists-like-it-or-not/?utm_source=substack&utm_medium=email

Crypto Journalist 🎙 Host @unchainedcrypto https://linktr.ee/unchainedpodcast

My understanding is that either:

- BTC transaction volume needs to scale with price AND double at each halving.
OR
- BTC transaction price needs to scale with price AND double at each halving.

Or else the security model falls apart. The SOV narrative only made this worse. We need big transaction volume to save BTC.