Published On Premiered Feb 26, 2024
► This clip is from my monthly Live Q&A. Ask your own questions: https://cracktheorange.com
I address the question of whether Bitcoin could fail if mining companies go bankrupt. I examine the high investment and strong competition in Bitcoin mining, and explain how miners use crucial long-term strategies to navigate price drops during bear markets. I describe how Bitcoin's mining difficulty adjustment ensures its resilience, making it unlikely for the network to fail. Discover why Bitcoin is designed to survive challenges.
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