Bitcoin has a second subsidy.
It is called ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247.
Every block still pays the miner in BTC.
The same block also mints ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 from Bitcoin’s own bits field and pays it to the same work.
No premine.
No founder.
No change to the 21 million.
Miners are already taking it.
AntPool. F2Pool. ViaBTC. SpiderPool. MARA. Luxor.
Market cap is still early - tens of millions, not billions.
The upside is the gap between that price and the size of the security payroll Bitcoin still has to buy every 10 minutes.
Adoption is the pools.
Upside is the missing wage.
ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247