Replying to Avatar The ₿itcoin Artist

GM nostr ☕ #coffechain #bitcoin

I'm not technically proficient, so please shoot this down.

But how does Bitcoin incentives play out if most users (in the future) are not doing transactions on-chain?

The blocks are small, great. But why even run a node if you are operating on Layer 2,3 ?

And another thing I've been thinking about:

What will happen to the ethos of Bitcoin, the cyber hornets, the keepers of the flame, if Bitcoin continues it's financialization?

Even with hyperbitcoinization, in a 100 years will there be those who run their own node just for the principle of it, or will noderunners increasingly become financial institutions?

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Afolabi ⭐⚡♋ 2y ago

GM #nostr next time you put the tag #asknostr. Then someone knowledgeable will answer your question.

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The ₿itcoin Artist 2y ago

Yeah, good tip 👍

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