> Tons of folks bought extra gpus early days yes, that ended more than five years ago (for bitcoin). > I'm open to a real argument that it was a real demand o

> Tons of folks bought extra gpus early days yes, that ended more than five years ago (for bitcoin). > I'm open to a real argument that it was a real demand outside of those people who think that Tai Lopez is a business messiah. here's an argument: bitcoin's value is first and foremost in it's security, specifically in how immutable is the ledger. level of security is defined by hashrate and difficulty. security of one's money/investment is always in demand - that's why bitcoin's price is what it is and that's the real driving force behind ever growing hashrate. of course there are other feedback loops, there are periods of unreasonable bullishness and bearishness, but there always was and always will be demand for security of your wealth and if not via bitcoin that energy would have been spent via different means to achieve that level of security.