Crashing Hashrate ~ Bitcoin to the Max
World Crypto Network
Max Hillebrand applies the Cantillon Effect to Bitcoin mining: inflation-subsidized block rewards incentivize overinvestment in hash power, while subsidized block space causes users to overconsume (he cites Satoshi Stice gambling). As transaction fees eventually price block space directly, miners will realize their malinvestment and shut down, crashing hash rate. This market correction follows Aus

https://relay.towardsliberty.com/6f3ac1159bd7fc378283acf959895cf78cc87f8ab069d0a226361c0373b6a76e.mp4