Why all these countries decide to come out all at once just to say they're banning mining?
Won't that make bitcoin worth more if there aren't more being able to be mined? These countries think they slick. So you got 21 million btc coins and 18M circulating. You stop production but people still got those 18M. So less supply and bigger demand cuz of the mining shortage should mean an increase in price right? Look at all the cars and other stuff that goes up in value when the manufacturer stops producing them. Not all stuff, but stuff that's rare and holds value. Countries only screwing themselves. Crypto drives the economy. People work to be able to afford more crypto and they spend crypto gains in the real world market. It gets money flowing. Not to mention that btc ain't the only coin and people gotta and gonna stay realizing that more and more. The wheel has already started rolling and more with web 3.0, plus stuff like defi, gamefi, and the metaverse as well, it's just gonna get bigger and bigger as time goes on. Will there be dips? There sure will be. But over time it all won't matter. We're gonna get rich and our children, if we already have or one day will have, are gonna be rich as well. They could ban mining but they can't ban the grind.
