How does a global sat/kb get set? Shouldn't market dynamics be allowed to play out like a bidding system?

Reply to this note

Please Login to reply.

Discussion

Yes, price discovery needs to happen naturally. But in order for price discovery to happen, there first needs to be liquidity. 1 sat for 1 kb is just a test case for illustration of the concept, not a locked market price.

Im thinking of doing an experiment where i rent out a raspberry pi worth of server space on shopstr.store via yggdrasil, could even provide a sock5 proxy with limited bandwidth for package installation and further hosting and stuff 🤔

How would you document the price discovery?

Ideally over nostr events, bidding, reverse bidding.