Miners End Bull Markets Because People Can't Come Into the Ecosystem Fast Enough

51. MONEY | David Hoffman: The Man, The Merge, and More

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Miners End Bull Markets Because People Can't Come Into the Ecosystem Fast Enough

Miners end bull markets because people can't come into the ecosystem fast enough. Supply reduction is also the inversion of this in that ether stakers are fundamentally on a competition with each other to receive a lower and lower yield. And so as yields go down, it's because more people are staking.

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