BTC

bdemon40

Compare the price of anything in dollars and BTC from when you bought to when you sold. You'll see the cost in dollars always going up, and the cost in BTC always going down. 😉 Inflation sucks.

JerryFletcher70

I have no idea what BTC is going to do, but these halving narratives strike me as the exact opposite of the "past performance is not indicative of future results" rule. I'm saying that as someone who is sitting on a lot of BTC hoping this narrative is right. But it sure feels like clinging on to the promise of past performance.

Consistent-Heart2949

Ok my question in all of this. People keep talking about the next cycle as if it is inevitable BTC goes up again. In order for that to happen there needs to be an influx of new buyers. You have had enthusiasts, then retail, then institutions and then ETF flow. Where is the next big pot of money coming from to drive another potential high?

MtGloomy0420

So let me ask you.. you don’t think $BTC is going up?

BasedToru

Right now in the current market I’d say buy BTC ETH and SOLANA without a doubt, the main thing about crypto is not to listen to those who think crypto is going to zero lol and always make sure your entry points are good so that you don’t really fear or panic when the price dip happens.  If I was the start crypto today I would aim to have 200 Solana 5 ETH and slowly work towards eventually owning 1 Bitcoin, especially with the halving season approaching 

Excellent-Storm-5201

BTC sitting right around $60,750 and the 4-hour RSI is hitting extreme oversold levels at 15.4. Historically, the last time we saw readings this deeply oversold was during the capitulation phases of the FTX crash. While oversold conditions can certainly grind lower and stay extended if the daily ETF net outflows continue ($4.4B out in 13 days), historical data suggests these levels typically precede sharp, violent relief bounces due to shorts getting overcrowded. Key levels to watch right now: $60K acts as the major psychological and technical floor. A clean break below that opens the door straight to the $55K support cluster. On the flip side, any sudden reversal in ETF inflows could trigger a massive short squeeze given the current -22.8% OI drop and negative funding rates. Not financial advice, just watching the technicals and data points closely.

UC_DiscExchange

We saw a collapse when Strategy sold 32 BTC(if you blame that sale for the drop). It isn't an issue isolated to Strategy if one of the many treasuries could do the same thing thousands of times over.

Blockchainauditor

Why do you ask? What other options are you considering? Is your question simply whether you should take cash in bank and put it into BTC now or wait for a later time? Have you identified reasons to "invest" in BTC at any time?

HamEggandDips

MSTR is just a (centralised) altcoin and its amusing seeing BTC maxis deny this

Easymacsauce

23k. This is the exciting part of BTC. Yes it’s fun when it goes up however it’s interesting to see how sharply it can go down.

HamEggandDips

Most of the money has already been made with BTC. People discovering it now are not early like many claim.

somtimesanf1fan

Hey chatgpt give me a screenshot with BTC earnings if I invested 1000$ in it in 2016. Make it real.

MonsieurReynard

Ok, what will the price of BTC be in three months according to your expert technical analysis?

Significant_Tip_5125

Lol how are you going to say it’s entirely due to liquidity when there are tons of other micro and macro factors in play influencing investments right now ie Middle East conflicts, Job data, Inflation, Energy Strains, persistent shifts in monetary policy, Shifts in Treasuries influencing investments right now. As if a $400 bn IPO has that much influence when Trillions of dollars have been added to the stock market this year and we’re sitting on a $67 trillion dollar S&P. You BTC people will convince yourselves of the most insane things to comfort yourselves lol

UrbanGrower187

I think this argument is overstating the STRC risk and turning a real financing concern into a collapse narrative. Yes, STRC is a variable-rate preferred share designed around a $100 stated amount. Yes, the dividend rate can move higher if the market price trades below target. And yes, Strategy recently sold a very small amount of Bitcoin to help fund preferred distributions. That part is fair. But the conclusion that this automatically creates a death spiral is missing scale, balance-sheet context, and financing flexibility. First, the Bitcoin sale being discussed was tiny relative to Strategy’s overall holdings. Selling 32 BTC is not the same as Strategy “dumping Bitcoin.” It is a rounding error compared with a treasury holding of hundreds of thousands of BTC. A sale that small does not meaningfully move the global Bitcoin market by itself. Second, STRC dividends are not some surprise liability. The entire instrument was designed as preferred equity with cash distributions, and Strategy disclosed from the start that dividends are paid when declared by the board and only from legally available funds. The dividend mechanism is not an uncontrolled automatic trap; it is a capital-markets tool Strategy can manage. Third, Strategy is not forced to fund every dividend by selling BTC. They can use cash reserves, operating cash, common equity issuance, preferred issuance, debt markets, or selective treasury management. The bearish post assumes only one funding source exists: selling Bitcoin. That is simply not true. Fourth, even if the STRC dividend rises from 11.5% to 12.5% or 13%, that is a higher financing cost, not an automatic insolvency event. It may reduce efficiency. It may make future STRC issuance less attractive. It may slow BTC accumulation. Those are valid risks. But “higher cost of capital” is not the same thing as “MSTR collapse.” Fifth, for this to become a true negative feedback loop, multiple things would need to happen at once: Bitcoin would need to remain weak for an extended period, MSTR’s equity premium would need to compress severely, capital markets would need to close, STRC would need to stay deeply below target, and Strategy would need to have no better funding option than repeatedly selling BTC. That is possible in an extreme bear case, but it is not the base case. The more balanced view is this: STRC is a real risk factor because it increases fixed cash obligations and can become expensive if market conditions deteriorate. But the idea that a small BTC sale and a higher preferred dividend automatically lead to forced Bitcoin dumping and corporate collapse is exaggerated. A fair criticism would be: “STRC could become a drag on Strategy’s ability to accumulate Bitcoin if financing costs keep rising.” An unfair criticism is: “STRC guarantees a death spiral.” Those are very different claims

WHALE_PHYSICIST

Everyone buys BTC at the price the deserve.

verysillyman

BTC bouncing back harder than the stock market first the first time I can remember

MushroomDizzy649

Well, if you were a multi billionaire would you buy all the BTC? 😂 there’s no incentive, they know they already won the game of capitalism. They care about preserving wealth over all

devCheckingIn

Where's that guy who called me a duckfart face in late 2025 when I said the Fed had no plans to do real QE and their "Reserve Management Purchases" weren't going to do anything for BTC? I would like an apology.

YOLO_Bundy

LOL if the biggest holder fails, BTC will be next to worthless.

cuisd

what are you talking about? he purchased BTC at like 600usd each. he just needed to keep holding 'til today to just be a multi-millionaire, but he complained that BTC went from 20k to 4k and just sold. now it is at 60k.

Asleep_Onion

This is why ETH and BTC are stupid. ADA is the future! 12/9/2017 - ADA $0.16 6/5/2026 - ADA $0.16

diegun81

Guess I gotta stop buy cards and go back to BTC.

movra75

Yup. At that time, I was mining BTC @ $350. I might convert it into a lamp! 😂

brad1651

And there's others, like myself, that SAVE in BTC. It's a way to store excess purchasing power resulting from my labor in an asset that can't be seized or counterfeit by a corrupt government that has to pay its long term consequences resulting from greed and presentism.

Shot-Structure-1274

BTC but be prepared for potentially -80% losses and long-term bear.

r361k

On the contrary, the biggest banks in the world are now offering BTC etfs, schwab is about to allow you to buy crypto on their exchanges, and IBIT made it super easy to get BTC exposure in recent years. Its slow, but BTC adoption is currently happening in real time.

Proof-Conference-765

BTC is too expensive for retail You are better trading Stocks to double your money within 6 mo

Crypto-Bets

Honestly, most rich crypto investors are Swing Traders. Ex) If they know with strong conviction that market will tank, then they will short BTC, or liquidate BTC for a spot purchase after dump.

Proof-Conference-765

BTC will go up past 100K when the Fed becomes that last buyer of TBills This will happen sooner than you think

liquid42

Are you guys not selling when the market is at an ATH?? I’ve made a buttload of money off ETH, so thank you. I’ll keep DCA’ing into BTC & ETH.

SouthernBeekeeper22

Although, right now it seems that way because the price keeps dipping. It looks from any rational perspective like every single BTC slither is on sale at once!

RoscoRoscoMan

Fedwire? Guess you're American, in your American bubble. There is an entire world out there. Stop worrying about Bitcoin and go travel. And don't rely on Fedwire when you do. Just take some BTC with you

BennyOcean

It would be better for all the leveraged longs to get flushed out and (Micro)strategy especially. Whatever kind of scheming and shenanigans Saylor's been trying to do with BTC, it won't be good for the long term health of the ecosystem for him to remain involved.

SouthernBeekeeper22

Will there be another All time high record benchmark for BTC before Feb 2027?

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Post is by: Carter_LW and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1txwe1v/btc_support_is_getting_tested_while_the_ai_stock/ BTC support tests feel different when the rest of the risk tape is not obviously falling apart. The crypto discussion today seems less about one clean breakout level and more about whether BTC is absorbing selling or just pausing before another leg lower. That difference matters because a bounce, a failed reclaim, and a slow grind under support are three completely different structures. What I would want to see is whether buyers show up after the first reaction, not just whether the level holds for a few candles. A support line that only works once can still trap people if the reclaim is weak. Are you treating this BTC support area as a normal reset, or as a sign that crypto liquidity is lagging the broader risk trade? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Kungpaospic

Controversial take, if you're going to treat this as a buy dip for bitcoin, you might be better off buying long options for BTC through an etf for cheap. Just a thought

CT4nk3r

hell nah, BTC in 2021 was a bubble, just like how AI is now. Everyone was making BLOCKCHAIN the buzzword. Every motherfuck had their own coin and NFT etc. It was everywhere. (still a bubble, but thats a different point for discussion)

quietlydesperate90

I only buy when BTC is down 50% or more from its previous ATH, is that gambling?

Hypnotic101

Gonna get downvoted here, but you're absolutely right. The last 2-5 years, depending when you bought in, have been absolutely brutal to newcomers. It's going to be really hard to convince *anyone* who's not already bought in that BTC is a valid hedge against inflation when it has failed miserably during the worst inflation years of the 21st century, especially when basically every other asset-class has skyrocketed during that time.

gleamingthecube720

Did a lump sum of 1000 dollars in 2017 and DCA 100 a month since then for a cost basis of $26,247 and .8204 BTC. Occasional lump sums thrown in at random times. The goal is to get to 1 eventually and then retire when BTC hits 1,000,000

Doctor_Fritz

whatever caused this, it's finally time to start stacking again. Once all this craze blows over, BTC will look like an interesting asset again to flow into. Meanwhile, those that accumulated, can lower their average purchase price and ride the next cycle to some very nice profits.

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Post is by: CreativePhrase9202 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1txvq6t/why_wont_i_sell_at_a_price_i_wont_buy_at/ Been thinking about my BTC and other crypto holdings, what I can't understand is... that if I wouldn't buy at the current price, why the hell aren't I selling?? Seems mad that I am not selling at a price I won't buy! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MinimalGravitas

Microstrategy's first BTC buy was 8th of August 2020. The number of BTC in circulation at that date was 18,454,803. Current BTC in circulation: 20,038,684. Change in supply since then: 1,583,881. Microstrategy purchases total: 843,706 BTC. Saylor has been directly responsible for demand equivalent to over half of the newly mined supply of BTC since he got involved. If that one scammy billionaire stops buying then that wouldn't be just a short term price drop, the whole illusion of 'number go up forever' would collapse.

Ultimo_Ninja

If I'm right on my stock plays, I'll roll the profits into BTC while it's on sale.

bond10-

Probably cause it's easier for them to indirectly control fiat. BTC nobody can control, not good for billionaires.

airestotle092

Last bottom was 21% down from 2017’s ATH at $15k 21% down from 2021’s ath would put BTC at $54k

ch_raposo

Personally I don't like MSTR. Only BTC for me. But good luck!

Shop21DK

BTC is still really hard - it is not like chatGPT where you just need a google login and then you are all set. You could compare BTC to local LLMs maybe, sure! I'm a crazy person doing it but 99.9% don't

dj_destroyer

No, that's a good point. An ETF/index is safer because it can mitigate risk much better than picking individual stocks. In the long run, I still think BTC is a better investment but obviously you have to accept the volatility and have a long time horizon.

Cool-Phrase715

The good news is, that if we round the current price of BTC to the nearest hundred thousand... It's 100k

Designer-Brief-1188

Even that didn't drop BTC 10k in a day. I wanna say the biggest single BTC drop was on the day of the COVID announcement in 2020 and it went -50% in a day. It was hovering around 7-8k and crashed to 3k within hours of COVID pandemic announcement, than stabilized at 5k later that day, and was back at 7/8k in about a week or less. Ftx collapse was what sent btc spiraling below 20k, and even then it only went from 19k to 15k and then stabilized at 17k and above, the 15k bottom was only like a few hours of buuing opportunity, as was the 3k covid flash wick bottom, you had maybe a few hours to buy. Now BTC dropped from 73k to 60k a few weeks ago, and it was also at 60k for a few hours before stabilizing at 66k and upwards 

qthistory

I suspect BTC goes down and touches its lows in the previous bear cycle, so around $16k. So -85% or thereabouts from the high. Many altcoins wiped out, but altcoins seem to never completely die.

TristanDeAlwis

Market cap _today_ is $1.2T. So it would take at least 1200 billionaire to own all of BTC (permitting they have access to $1B liquid). Seems like a very small club to see any meaningful movement. And parking a billion dollars somewhere better get you good returns. Then, there is also securing 51% of all nodes. I think lot of people would be interested in sinking a billionaires playground if the decentralisation was taken away from the people.

Decent-Experience-8

BTC is the easiest way to turn billions into millions.

tysnowboard

Strategy funds the monthly dividends using capital raised through continuous offerings (At-The-Market, or ATM, share sales) of STRC. When sellers of STRC start out numbering buyers, what happens? The more I look into it the more pozi-esque the whole thing seems, like the whole thing is predicated on the continuous rise of BTC.

Excellent-Storm-5201

BTC hitting $60,745 today with RSI at 15.4 — last time we saw readings this low was during the FTX crash. Historically these levels precede sharp relief bounces, but oversold can stay oversold while ETF outflows continue ($4.4B out in 13 days). Key levels to watch: $60K as major floor, break below opens $55K. On the flip side, any ETF inflow reversal could trigger a violent squeeze given the -22.8% OI drop and negative funding rate. Not financial advice, just watching the technicals closely.

Affectionate_Use_179

This is where I am. I convert my BTC to USDT Oct 1st every halving and convert back to BTC Oct 1st of every mid term. Very simple and profitable. Every cycle people tell me the cycle will not hold but it always holds. As predictable as the seasons.

bokuim

Next bull run all money is going into BTC. No more alt season, everyone know now.

equinoxxxxxxxxxx

Except your BTC isn't on your cold storage, your keys are.

Affectionate_Use_179

Me too! I converted my BTC to USDT at 100K with a plan to convert back to BTC at 50K. I'm just patiently waiting at this point.

StoicBountyHunter

You clearly do not understand BTC and you even claim to have been investing since 2017, just wow. BTC does not care about diminishing returns and volatility, the cycles do not determine the future behavior, and it is one of the few assets with a solid plan post quantum computing. Good luck being poor with your money somewhere else in the future.

someonenicegmx

I would wait... The interest rate hike might be in pipeline and there would be better deals ahead. When interest rate increases * Loans get costly - Businesses and founders that hold crypto will sell their bitcoin to fund their expenses. Its cheaper than taking a loan. * Bank deposits start paying more - Unless Crypto can match these higher returns, new money may not enter crypto. The returns from staking etc will not be worth the risk compared to the safe bank deposits. From Yahoo Finance, the news on jobs report could have an impact on Bitcoin > > We might see more exodus from BTC. (BTW, this was posted as a new discussion and was deleted. Posting it so it could save someone some money)

KrustyLemon

Yes, we now have tens of thousands of trading bots, algorithms, infrastructure players, market makers, custodians, institutional players etc... Less than .5% of all 401k's have BTC exposure and it's dropping.

nordik1

you’re out of your mind touching BTC ever again

insubordinate_kralc

Wait are we supposed to be freaking out? I thought Saylor sold 32 BTC to prove he could and potentially get a better credit rating to get into the S&P 500… Are you saying I shouldn’t have sold my kidney and testi to buy more bitcoin?

tastedSalty

It’s the 8th time it’s dead. Fill your BTC pockets and be ready to unload when the friends and fools believe again.

qthistory

I am half convinced that Palantir has de-masked every BTC wallet and can attach a name to it.

Confident_Jacket_344

Most people probably won't read this but we can easily see and track bigger wallets/whales/institutions were buying millions of BTC at 70k+ but then the same wallets are opting to sell at a loss now, we can see the inputs and outputs, and they are not coming back in (yet), which is an indication they are getting long squeezed, or de-risking. Retail can wait, institutions cannot. FWIW, I am monitoring addresses that have over 200m in BTC "volume" and over 200k transactions. I have no doubt most retail buyers are buying it for the underlying rationale: tech, decoupling, decentralization, etc. but I think we can agree institutions buy it for volatility. I just hope people here are also looking at the logs of who is buying and selling. If we treat it as an investment, then supply and demand rules will still apply. I mentioned in another post, this sub collectively probably own less than 25k BTC combined, I was being a little tongue in cheek but I don't think I am too far off, so this sub's demand (and sentiments) far outweighs the current landscape.

Lazy-Plate9179

every crypto? BTC is the reason every coin is down lol. BTC runs them.

unlmtdLoL

If you sell now did you ever believe in $1M BTC?

I-always-argue

All I can say is that it bounced back after hitting or almost hitting 60k like 10 times today which is totally unprecedented. The support is incredibly strong. That doesn't mean it can't be broken but if it wasn't broken with this downward pressure yet I don't know what can break short of some whales selling 1000s of BTC at once

Competitive-Cry-6231

Word. I was an early adopter and bought over 1,000 BTC at around .08¢ at the time thinking nothing of it, but a lot has changed since then. Like you, I have similar regrets of not buying nor when I had the opportunity but these things happen and we have to accept it. You’ll be ok… we both will! :)

Complex_Bus_6076

I wanna buy in BTC so bad I just have no liquidity lol

Busy_Reflection3054

Those who bought BTC at 62k last time have made below 0 profit now 😂. My paper hands win again.

Jabulon

it could be an idea to get out of BTC

TreideA

BTC Maxi spotted, is r/Bitcoin leaking again?

Mundane-Context-3979

BTC is gambling pure and simple regardless. But it's gambling with a proven cycle that has yet to fail. I DCA in within 10% of bottoms and tranche sell within 20% of tops, it's market timing and it's a lot easier in bitcoin than other markets.

macetheface

BTC bottoms at cvdd, that's at 48k currently

Sloothunter9000

Yeah I was one of those idiots that thought it would stabilize things but they’re able to manipulate the market at their scale. Now when a big institution makes a sell it’s a mini panic just due to visibility. Honestly the normal securities market isn’t behaving rationally so I’m hoarding BTC, cash, and precious metals like goddamn dragon

HSuke

Well not literally leveraged. But Saylor has said multiple times that MSTR is a "leveraged" play on BTC.

sc75_reddit

February 6, 2026 BTC went from 76k to 62k

thistimelineisweird

It sounds like you should probably short BTC and MSTR then.  I am going to stick to the golden rule of doing the opposite of what everyone says on Reddit, so... whatever.

SpontaneousDream

eth/btc, not against usd. In crypto its the BTC pair that matters because you have to measure based off opportunity cost

reddituserVibez

and when saylor gives you 1 million $ for you 0.2 BTC? Before you saw the money, you‘ll sell.

ObviousTotal9069

Have we ever had a Saylor Type situation? I'm still pro-BTC long-term, but I feel like MSTR slowly unfolding could cause a cycle to continue beyond expectations.

AdSuspicious5441

Isn’t this actually trader logic though? Long-term holders don’t magically buy exact bottoms. The whole Bitcoiner thesis is that BTC is a long-term holding that you buy, forget, and hold through cycles. So as a long-term holder, what matters is: How much upside am I getting relative to the drawdowns I’m accepting? If returns and CAGR keep compressing while drawdowns remain massive, then it’s fair to ask whether risk/reward is deteriorating.

malte_brigge

"Defunct bitcoin exchange Mt. Gox moved 10,422.65 bitcoin BTC $60,732.19 worth roughly $739 million to a new wallet at 04:47 UTC on Tuesday, marking the largest single transfer in months and its biggest move ahead of the October 31, 2026 deadline to complete creditor repayments." https://www.coindesk.com/markets/2026/06/02/mt-gox-moves-10-422-bitcoin-worth-usd739-million-to-a-new-wallet-as-deadline-nears This is all readily available info. Everywhere except on Reddit, apparently.

wulfrunian77

I'm in profit but 20% return over 4 years is absolute dogshit Thankfully I'm only 10% in crypto and good old faithful ETFs have given me great returns over the same period Feel sorry for the folk who went all in on BTC

Astronaut-Proof

BTC is once again dead forever for the 2,679th time.

AdSuspicious5441

I’ve been holding BTC since 2017. I understand the thesis. But unless your plan is to never sell, never spend, and never borrow against, or care about purchasing power, valuation still matters. Even the strongest Bitcoin thesis ultimately assumes BTC preserves or increases purchasing power over time. Believing in Bitcoin and discussing risk/reward are not mutually exclusive.

Crypto-Bets

They do buy a lot of BTC, and they hide it through thousands of small wallets.

Familiar_Weekend3212

Are your friends that incapable of looking at the entire BTC chart? These draw downs are still nothing historically btw.

AdSuspicious5441

I’m investing myself, not trading. But that’s exactly why I ask. If BTC again drops 70%+, then we’re looking at roughly the same painful drawdowns while accepting dramatically lower returns and lower CAGR every cycle. So either drawdowns compress much faster from here, diminishing returns stop, or we’re accepting worse risk/reward. Another 70% drop again would in fact make BTC more attractive to trade, not a long term hold.

Parush9

Ain’t the first time we have seen such drops . Let the “Bitcoin is dead” shit come out again lol . Crypto always has been volatile market & will continue to . Tons more alts and shit coin will disappear with this round of bear market . When you hear someone say Bitcoin will go to zero remember it’s time to DCA little $$ into BTC again .

MustacheSwagBag

Leveraging BTC with their stock products = They're taking out loans against their holdings of BTC Stock Dilutions = They're diluting the value of their stock to pull in more $$ to buy more bitcoin in the short-term If people do not continue buying bitcoin, it creates downward pressure on the price because MSTR holds so much BTC and will eventually have to sell if they continue to take loans out against their holdings and manipulate their stock to buy more (they use risky methods to gain temporary increases in holdings, which can cause a small bubble). They are one of the largest holders of BTC and if they were to sell all of their holdings it would cause a massive downward swing on the price. The thing I don't think he is looking at is the timing of their loans and defaulting on said loans. People are scared right now because MSTR did just sell 32 bitcoin (small for them) to pay off a debt, and they've said for a long time they won't sell...but they just did. So that means they were backed into a corner on paying the 1.8M or w/e the value of 32 btc was, or it just didn't make sense for them to find another way to pay that debt. Selling 32 btc was the best option financially. Finally, he's saying that they could short BTC and then sell all of their holdings to profit off of the price going down as they sell it. Because they have such a massive portion of bitcoin they can manipulate the price and make money off of the manipulation, when they want to. I would think this would be considered insider trading, though. Not sure. All of these things lead to downward pressure on the price of BTC...if they continue to do so without a return. However, if MSTR continues to buy BTC and accumulate as much as possible, none of it matters.

xpanterx1974

This repeats every cycle, seen 3 of them. Most people will buy when BTC is over 80K-100K, the good old "be gready when people are fearful, be fearful when people are greedy" same thing every time haha.

Reeder90

Didn’t he sell like 32 BTC? It wasn’t a lot.

radiant_0wl

Strategy sold some BTC which conflicts with a lot of people's "never sell" ethos (bizarre imo). Stategy also pays a 11.5% dividend so it's likely they'll need to sell more, and cut the divy. There's been an outflow funds away from crypto ETF's too which may force others to sell. Their shares are also trading at a discount to their Net Asset Value, so it's more effective for buyers to purchase shares than the actual coins themselves.

Ruzhyo04

It did reduce electricity usage by 99.99% yes. It also lowered inflation to less than BTC, increased economic security to be significantly more than BTC, reduced the cost to build a block, increased throughput and reduced fees for users, created lucrative near-zero risk passive APY instruments that are used everywhere in DeFi, opened the door for future upgrades that will dramatically scale Ethereum... But sure, if you want to focus on reducing electricity usage, that's a good one to focus on.