Jackk on Nostr: If all satoshis are backed by provable work to trigger their subsidy and the ...
If all satoshis are backed by provable work to trigger their subsidy and the ownership of a large majority said sats is backed by debt/printed money (no provable work), what should we expect to happen in a world where energy must be conserved?
IMO the answer is both NGU and NGD. Hodling both fiat debt and Bitcoin is a double-spend in the eyes of energy.
Published at
2026-08-12 16:06:29 UTCEvent JSON
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"content": "If all satoshis are backed by provable work to trigger their subsidy and the ownership of a large majority said sats is backed by debt/printed money (no provable work), what should we expect to happen in a world where energy must be conserved?\n\nIMO the answer is both NGU and NGD. Hodling both fiat debt and Bitcoin is a double-spend in the eyes of energy.",
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