Critics argue fee revenue should be viewed in USD, not BTC, and say the problem lies in Bitcoin’s drift from Satoshi’s “digital cash” vision.
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Ethereum Foundation developer warns Bitcoin security is a disaster waiting to happen
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Kushal Babel, a researcher at Category Labs, argued that Bitcoin's network security should be evaluated based on transaction fee revenue expressed in US dollars rather than BTC, emphasizing that USD-based assessments provide a more accurate picture of the economic incentives for miners
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