CD29: bitcoin privacy and security with @craigraw and @ketominer
Citadel Dispatch
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Bitcoin's Usage Is Totally Driven by Price, You Know
The majority of Bitcoin's usage is driven by people trying to, you know, basically make or not lose whatever they have put sort of into it. At some point the number of users who will just be using it like you and I do will get to a point where the block size is just too small, right? That day will come. It's obviously not here today. We obviously don't have the usage in the world today for that to be true. For now, it's sort of price driven,. You know, thing and we shouldn't be too surprised about the 50% drop in hash rate because if mempool is pretty much empty, it's not going to suddenly change that
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