Replying to Avatar Sirius

My email correspondence with Satoshi in 2009-2011: https://mmalmi.github.io/satoshi/

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average_bitcoiner 1y ago 💬 4

The price is the hashrate. - nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

"The value of bitcoins would be relative to the electricity consumed to produce them."

-Satoshi

nostr:nevent1qqswayyl6ql0f6c3atzr50gksc3zdzs4glva7wpg83ae2veflp636lgpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9upzq3frhevd89d3kxt2nwxg9vpck6y4evptdq7scff6j4gx3kapltxsqvzqqqqqqyxa75ue

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kidwarp 1y ago

Hence why I always ponder what the price of bitcoin if all electricity was free???

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average_bitcoiner 1y ago

Define "free"

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kidwarp 1y ago

You don’t have to pay for it.

I don’t have to.

No one does.

Everyone has access to free electricity at no cost to anyone.