If all that is inscribed is value…. That which is built on the timechain…. That is most aligned with the value it hold…. Those additional layers or second, third, fourth…. order effects.
Those are what society uses and those are what impact us the most or have the most noticeable impact on our systems/institutions we use for measuring everything else we hold dear in society….
All that…. Does not need to be recorded on the timechain…. The value embedded there is how society will keep score
Replies (2)
lol explain to me how a monkey jpeg performing an disgusting act being inscribed onto the chain has value? Cause that’s what happened. That’s what Core allowed to be inscribed. Over and over again. 70% of blocks are now non monetary.
Or what about dog$ coin? A meme coin built on Bitcoin, inscribed into the ledger to scam people. It provides zero value. It’s not money. And it’s a security risk to the network.
What you just posted is a bunch of nonsense. Run a node and verify for yourself what is actually happening. Cause prentending everything inscribed into BTC is value is complete ignorance and extremely foolish. That’s not how decentralization works.
The nodes run the network and decide what bitcoin is. And it’s money. Not jpegs. Not scam tokens. Not Data storage.
Value inscribed on timechain is trustless, unlike fiat, which lost 97% value since 1971 due to inflation.
