
#434: Capital in the 21st Century with Allen Farrington
TFTC: A Bitcoin Podcast
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Bitcoin Miners Shouldn't Sell at the Top
People view Bitcoin miners as like a leverage play, especially if they can produce. It doesn't seem prudent from their point of view in terms of capital allocation. And I'd probably argue too, it's not healthy for the industry at large because it exacerbates the cycle.
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