"...los costes relacionados con Bitcoin son
consecuencia y no causa de su valor. Los encargados de
mantener la seguridad incurrirán en costes según la utilidad que el
mercado refleje en los precios, intentando siempre que su coste
se mantenga por debajo del precio para así obtener un margen de
beneficio." Polavieja
#POW
GM 👾
Folks if they are going to do Bitcoin onchain sendings on September 09, 2024.
There may be the possibility of high fees and congestion due to the release of a "Network" called "Fractal" (from the Unisats people, the same people from ordinals) those mining, defi, etc and stuff like that about Bitcoin.
"A tendency prevails to make a sharp distinction between such purely speculative ventures and genuinely sound investment. The distinction is one of degree only. There is no such thing as a nonspeculative investment. In a changing economy action always involves speculation. Investments may be good or bad, but they are always speculative. A radical change in conditions may render bad even investments commonly considered perfectly safe."
— Ludwig von Mises, Human Action