“Defensive mining”—an idea rooted in Satoshi’s early vision—suggests that powerful entities might mine Bitcoin unprofitably to protect the network’s integrity. Whether for self-interest, international trade security, or even hash-rate treaties between nations, this concept reshapes mining from pure profit-seeking to strategic value protection. In a world where Bitcoin becomes a core financial tool, mining could evolve into a geopolitical defense mechanism.” #bitcoin #bitcoinstudy