Infinite Grey May 24 · 32 min readFinancial DisclaimerThis essay is for educational purposes only. It does not constitute investment or financial advice. It is a technical explanation of a complex phenomenon that demands your own self-education and deep learning before committing any financial energy towards it. Determine your own risk/reward tolerance.Reader PresuppositionsThis essay is intended to act as a conduit to the expansion of your understanding of Bitcoin…