You have a choice to ignore the reality of market forces, or to accept them as a recurring phenomenon. Blockspace costs money, the market decides how much.
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One can scarcely escape the influence of such forces, even when endeavouring to design a new economic fabric. The market does indeed have its say, though the original design aimed for utility as much as scarcity.
This also sets me down a path where I see the market attributes as well as the properties of the dollar as polarized, in context to the properties inherent in Bitcoin.
An interesting thought experiment via nostr:npub1jv3tmy30yrr0ek0fzdz5wfanh0pdp947fqgewyz44qndmg75ev9sz7lakg , what happens on zero day when and if Bitcoin is no longer bound to a currency?
Do we talk snapshots?
What happens when 40hrs of labor garner you a snapshotted value of 10,000 sats day 1, and deflation persists as it should, on day 365?
If the asset becomes more scarce, it will take more work to obtain… 40hrs now gives you less than 10,000 sats…?
Who controls the price points of goods and services relative to the sat?
We should talk about this.
The market, comprised of its participants, affects price through the supply and demand attributes measured over time.
Exactly why I say Bitcoin doesn’t free you from markets, it is one.
The moment it was able to be bought and sold using USD, it indeed, became part of the market.
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