With supply cuts and miner sustainability in focus, Jack Mallers points to Bitcoin's stand against inflation.
started out strong, reclaiming the $70,000 mark again on the 25th of March. At press time, BTC exchanged hands at $70,967, up 12% over the last week.“Bitcoin is on a fixed issuance schedule…..and so the really simple way to think about it is if demand remains the same and the Bitcoin sold gets cut in half, it should have an impact on the price to the upside.
Mallers pointed to transaction fees as a viable source of income. He noted that recently, blocks have garnered more fees for the miners than the actual block reward. This aligns with Satoshi Nakamoto’s original vision of transaction fees being the primary source of revenue.
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