Use it or Lose it
summary
Argues Bitcoin is slipping toward Dodo‑like extinction unless usage changes: four mining pools control 80–95% of global hash rate, 10 US‑listed miners produce ~25% of hashrate, and Coinbase holds >2 million BTC (including ~1M for ETFs). Fee revenue is ~1% of block rewards today, subsidy funds miners for ~10 years. Recommends practical fixes: run a Bitcoin node, self‑custody and run small miners and spend BTC to preserve decentralization.
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chapters (6)
- 0:00The dodo metaphor
- 2:44Bitcoin characteristics
- 4:05Current network issues
- 7:13The danger of stagnation
- 9:31The trifecta solution
- 12:47Conclusion and call to action
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