At Bitcoin’s peak, a single block was worth almost a
quarter million dollars and miners may view the current
market as a way to accumulate more Bitcoin at lower prices
It won’t. It’s a bubble. No real commodity or currency increases 20x in value in a year. It’s funny-money, Just like the dotcom Boom in the late 1990s.
Bitcoin is basically unused as a currency except by criminals, and has no functional advantages over other payment systems for honest people. Just like stock of pets.com in 1998.