Assuming the demand for Bitcoin picks up on the back of growing crypto enthusiasm, its scarcity will work to drive up its value over time, making it deflationary.
Layer-one smart-contract platforms offer a practical alternative to the high fees and slow transaction-confirmation times of Ethereum, making blockchain technology and DeFi accessible to all.
While Binance makes strides to improve its compliance, other prominent crypto companies and startups have proven that crypto can follow regulation from the get-go.
For those concerned about blockchain's energy consumption, it's important to consider the difference between proof-of-stake and proof-of-work blockchains.
During a live-streamed conversation with Twitter founder Jack Dorsey for the B Word Conference, Musk said "It looks like bitcoin is shifting a lot more towards renewables."