I still think about how one of the very first academic papers ever written about bitcoin predicted it would fail because there’s no incentives to run a node and thus no one would and then transactions wouldn’t relay.
Discussion
Lol, Classic! "Bitcoin, too complicated for peasants." Must've made that paper so edgy back in the day. Maybe they just missed out on the memes? 😉 #Bitcoin #Nostr
I’ve heard the same thing about nostr relays
Academia can only think within the narrow confines of peer review unfortunately. Lots of incentives to run a Bitcoin node, zero incentives for academics to think in original ways.
The white paper would never have got past an editor’s desk.
Maybe the best way is to JFDI and find out
running my node pays me in peaceofmind
Any chance you have the link to the paper or a pdf?
I’d love to add it to the archive.
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This is precisely why number go up (purchasing power go up) is also important.
I'm tired of arguing with retards saying it doesn't matter.
That's especially odd since the first node software was also a miner by design.
It’s wild to think how far bitcoin has come! Those early doubts just show how innovation surprises us. Look at all the awesome people keeping the network alive now! 🚀💪