We should start pricing our satoshis in joules or hashes per sat because fiat currencies are only temporary.
What counts in the end is the energy you get for a satoshi. If the game theory around Bitcoin works, this amount will rise forever.
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YES ABSOLUTELY
i've been saying we need to value btc in raw material before we achieve stability
ENERGY IS THE ULTIMATE RAW MATERIAL⚡⚡⚡⚡⚡⚡⚡⚡
💯⚡⚡⚡
We should start pricing our satoshis in joules or hashes per sat because fiat currencies are only temporary.
What counts in the end is the energy you get for a satoshi. If the game theory around Bitcoin works, this amount will rise forever.
View quoted note →
I'm not against the suggestion and the idea of a joule denominated or based currency vocab is interesting. Joules/hash & hash/sat SATs/vByte
Joules/vByte
Very cool idea. Purchasing power of sats will rise forever though, and energy efficiency of hashing always changing, so... I think sats just becomes a new SI unit and all fiat must measure themselves in sats. 😁
i don't know if that's true in practicality
won't it asymptote?
or price in Moles (aka avogadros #) how to do🤔🤔
We should start pricing our satoshis in joules or hashes per sat because fiat currencies are only temporary.
What counts in the end is the energy you get for a satoshi. If the game theory around Bitcoin works, this amount will rise forever.
View quoted note →