Avatar
Bison
75f2a14f69c387b4b9b1fda0987f4b1c240f42a34a64c411224dd64746d54c79
I no longer feel lost
Replying to Avatar Evan

How long till that won’t even get you 5 loaves of bread and 2 fish

Guy is taking a dump middle right, otherwise gorgeous

He’s breaking out Satoshi’s Reserve for OT

Yeah, it’ll be interesting to see how it all plays out, or how we’ll even view money 100 or 1000 years from now. Like, it’s a pure money that humans have never had.

In the meantime, it may turn into an uncle Jim model. Which I guess is still better than trusting your banker, visa/mc, the police, the justice system, the fed, the government, etc.

But bitcoin will reprice everything. So the more people adopt it, the more things like nodes will be cheaper to own and run by those that own bitcoin. Which eventually will be everyone. Like anytime I see how bitcoin is being used in Africa, I have this feeling they’re going to just leapfrog the world in so many ways if adoption and mining continues there.

I also have a different take on fees being “high”, as they’re just a reflection of the market at any given time. We also equate it with fiat relativity, yet they’re paid in sats. I think humans will adapt to the pure efficiency that is that fee market, and will be longer term thinkers.

Again, it’ll just be a giant psychological shift and no one really knows how it’ll play out.

I’ve also thought about this. But it’s important to also be as geographically distributed as possible as well, so a node running in a remote part of the world is just as important as one running in NYC.

The easier that is over time also helps distribute the network as it currently is over time as well.

So while possible, it may be decades down the road and multiple factors of adoption before that makes sense. It’s a marathon, not a sprint.

Is the biggest circular economy being built on the NOSTR?

The NOSTRular economy, if you will