Replying to Avatar Laeserin

Also please note that the grant program is using Bitcoin. Bitcoin is gone, if you spend it, and the remainder earns no interest.

That means grants will quickly run out, if they spend it quickly. They can only sustainably spend a portion of the increase in purchasing power, so that they can give out steadily-shrinking grant amounts to the same effect.

Like, do the math.
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Laeserin 1y ago

Also, if they just dump all the money on the market, they'd completely kill the market incentives and ruin everyone else's business model.

Everything would immediately have to be free and innovation would slow.

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Laeserin 1y ago

And they have to keep an eye on all of these projects. That's work! People trusted them with this money. They can't just throw a couple of Bitcoin in some person's general direction and be like,

Have fun with that, bro. 🤙