#BTC is a massive opportunity to bridge age-old devides in a decade or less 🤩
#Nostr #LFG #Grownostr
https://video.nostr.build/a5e13dcafc23fc10a7ec33d0cd8bb9af38d4c447410984ac224e250710cea8c5.mp4
#Plebchain #Zaps #Bitcoin
Discussion
Except 93% of bitcoin have been mined. These countries could buy bitcoin, however. A better way.
Nope, it's not really a better way to acquire #BTC at the nation state level.
Think it through...
You and I buy ##sats with fiat acquired by proof of work in our respective professions. The market will accept that as value for value.
However...
When you try to buy something that takes proof of work to produce with fiat that you print with zero effort... you can only do it for a very short period before ppl catch on that that's not value for value. That will surely mark the end for any fiat shitcoin that tries it, as per Gresham's Law.
Satoshi designed #Bitcoin to reward #miners aka #hashpowerproviders with newly issued #BTC until 2140... but there will still be #hashing after 2140, as long as #Bitcoin circulates, due to transaction fees. The value of the fees on the base layer will keep the incentives aligned.
Nation States that don't want to get left behind in the #HashPowerRace will have no choice but to develop #hashpower infrastructure, such as El Salvador is already doing✌️