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Replying to Avatar Bit N Beautiful

If there are large nation states with their own mining operation.

It could mine its own transactions in favor of other transactions.

So the fee won't matter. Cause it will mine its own transactions.

Eventually, It will just be nation state against nation state, trying to mine their own transactions.

That's the end game, I think. No freedom money. Just nation states trying to settle their own trades.

The one with the biggest mining farm will be the most power nation. Because their transactions come through the most often.

#bitcoin

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closed 1y ago

I believe they will be the only ones able to provide universal basic income without eroding the purchasing power of the population, when part of the revenue is used for this purpose.

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