After the adoption of ETF, more and more Bitcoins will be stored in institutional vaults and no longer flow, and network transaction volume will decrease. After the halving, the mining cost may rise all the way to 40,000 or more. If the currency does not rise, the miners can only shut down.
When miners shut down, Bitcoin’s network security is threatened. The Bitcoin ecosystem is the optimal solution, and they encourage miners to continue working.
Satoshi Nakamoto said 15 years ago: Bitcoin’s transaction volume will either become very large or it will become non-existent.
The Bitcoin network seeks to survive, which is actually one of the important meanings of the inscription. #etf #BTC #.ant