Just over here dancing on the line between order and chaos.
Earnest Holden
earnestholden@nostrplebs.com
npub1p4yn...qye9
Sats don’t have serial numbers.
Likes are costless.
Put your zaps where your mouth is.
#plebchain
I won’t give you 2 sats for a jpeg, but I will zap you 6102 for just being you.
#satsdonthaveserialnumbers
#gorillawarfare
#plebchain
Wake, zap.
Coffee, zap.
Lift, zap.
Eat, zap.
#plebchain
So many NFTs flying around Nostr right now…
#plebchain
#satsdonthaveserialnumbers
Sent my first zap, the future is here.
#plebchain
Currency is the unit of exchange between individuals within a sovereign.
Money is the unit of exchange between sovereigns.
Energy is the unit of exchange between sovereigns and nature.
Survival is the unit of exchange between nature and existence.
Entropy is the unit of exchange between existence and non-existence.
#plebchain
Reposting this with hashtags:
#btc
#bitcoin
#plebchain
+++
A friend asked me, “what happens if we get to a point where energy is essentially free and limitless. how would this effect your btc world?”
My response:
So it’s: “infinity = mc2” …?
How do you allocate the matter you apply that energy to? How do you allocate the infinite matter you create? How do you coordinate any activity at all?
What if one person wants to point their infinite energy beam in a direction that pushes the planet toward the sun? What if another person wants to point their beam the opposite direction and steer us away from the Sun? How do we steer the rocket ship you just invented if everyone has free unlimited energy?
A world approaching free unlimited energy, is in effect a world where nothing is scare - since if you have matter and can apply infinite amounts of energy to it, you could make it anything you want.
In this scenario, BTC would represent the only limited thing on earth, as to run code that said otherwise would move you off consensus and you would simply hard fork your chain.
BTC’s difficulty adjustment ensures that the issuance rate and block time stays consistent, even if near infinite amounts of energy are spent to find the next nonce (speed up the issuance). You cannot speed up the issuance of the 21 million BTC, even if you mine harder.
So, we have a world of infinite energy and matter… what remains limited? Time. And BTC.