Replying to Avatar gsovereignty

The year is 2147. Earth, Mars, and the Belt all operate under a Bitcoin standard.

Compute is Lunar's most important export, and hashing is core to the Lunar economy.

In retrospect, it was inevitable that a large proportion of the hashrate would end up here. But earlier today, something happened that no one in the last 138 years would ever have expected.

¦~~~next paragraph will be posted when this note gets > 10k sats~~~>
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Hector E. 2y ago

Other planets are too far away to meaningfully participate in Bitcoin's network. By necessity, they'll have their own coins.

https://unchained.com/blog/law-of-hash-horizons/

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gsovereignty 2y ago

They can't mine, and mining will be more efficient closer to the sun anyway. But they can trade with earth and the Belt, and for that they will need bitcoin not their own shitcoin. Long locktimes solve the time lag problem.