Reading this ongoing exchange btw jamesob and voskuil and i think voskuil is arguing that bitcoin scales with ecash. Its in the "Substitution Principle" chapter of Cryptoeconomics. He's saying that this is how *all* monies scale, by substitutes whose risk in redemption is offset by their lesser cost.
https://x.com/evoskuil/status/19197788968089275218
https://voskuil.org/cryptoeconomics/cryptoeconomics.pdf
npub19w…psyzj
2025-05-06 16:38:06 UTC
Author Public Key
npub19w6s06qgvfy8glfwc5qf5uxvm0staycslfsjj55j8jzhned2spzq8psyzjPublished at
2025-05-06 16:38:06 UTCEvent JSON
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