Unlike gold, which was discovered in the ground, #Bitcoin is an evolving software project, created by humans to be the ideal form of money, featuring divisibility, mobility, ease of storage, and verifiability.
S͟͞p͟͞a͟͞c͟͞e͞S͟͞a͟͞t͟͞s͟͞
npub1hw8f...q9fe
ᴏᴘᴛ ᴏᴜᴛ ᴏꜰ ᴛʜᴇ ꜰɪᴀᴛ ꜱᴛᴀɴᴅᴀʀᴅ.
Notes (6)
"#Bitcoin is so inconfiscatable that you can be sent to prison for a decade, get out, and then send yourself 300 #bitcoin."
⚡ECONOMIC NODES: THE HIDDEN POWER PLAYERS IN BITCOIN⚡
Today I stumbled on a topic that not many are talking about: economic nodes in #Bitcoin.
Let me break down what I’ve learned 👇
~~~~~~~~~~~~
There’s been some discussion lately around the term “economic node”, but what does it really mean, and why does it matter?
In #Bitcoin, not all nodes have the same economic impact. While every node enforces the rules and validates blocks, an economic node also facilitates real-world economic activity: exchanges, major wallets, payment processors, or merchants accepting Bitcoin.
These nodes carry more practical influence because:
They set standards for which transactions and blocks they accept.
Their users depend on them, so their decisions shape adoption and usage.
They can resist consensus changes by rejecting invalid blocks.
⚡ The Good:
Reflects real-world influence without altering the protocol.
Encourages responsible, engaged participation in the network.
Can help defend Bitcoin against harmful forks or rule changes.
⚠️ The Risks:
Could lead to centralization of influence if too few players dominate.
Might shift community values toward economic power instead of node sovereignty.
Could be weaponized politically, undermining Bitcoin’s decentralized ethos.
So, what is the point about all of this?
Economic nodes matter, but they should act as guardians, not rulers.
Every user still has the right (and power) to run a validating node.
True decentralization comes from many sovereign users, not just a few influential ones.
Any thoughts?
#Bitcoin #Decentralization #RunYourNode #Nostr
I don’t think normies will ever get into Nostr. I keep inviting my friends, and they act interested for a moment, but none of them actually download it.
It’s a bit of a sad story.
Would #Bitcoin die in the future if it becomes boring and irrelevant, and no one transacts with it anymore because everyone just holds it as a store of value?
Bitcoin Core > Knots
Sats > Bits
Nostr > Twitter
Signal > WhatsApp
Tuta > Gmail
Brave > Google
HodlHodl > CEXs
Startpage > Google Search
SimpleX > Telegram
KeePassXC > LastPass
ProtonDrive > Google Drive
Element > Discord
Mastodon > Instagram
GrapheneOS > Android
IPFS > Dropbox
Lightning Network > Visa/Mastercard
RoninDojo > Umbrel
Sparrow > Electrum
Coldcard > Ledger
Bitcoin > Gold