#zaps create demand for #bitcoin. If enough folks want to participate on here then they will spend fiat so they can zap more therefore bringing additional liquidity into the BTC network. This is working so far, the vibes are good- but we need more and more value4value apps/communities/etc to keep this train going.

Eventually, miners get paid to secure the network only through transaction fees on the final settlement layer (base chain). So block space needs to be increasingly valuable as time goes on. This won’t happen only through HODLing- we NEED to transact!

The base of the pyramid is probably e-cash. Then lightning above. Then base chain. So that pyramid base needs to be really fucking big for the settlement transactions at the pyramid top to be valuable enough to secure the network long term.

What we’re doing here on #nostr is a huge part of building that base. I don’t know about the rest of you- but I fucking love zapping people and paying for things in general using BTC. I feel like I’m not only directly sending value for awesomeness but also securing our network and paradoxically increasing the value of my HODL’ed stash.

PS- mad props to all the creators out there building up this V4V network together. You all rock.