splinter on Nostr: Other cryptos could become just as secure through growth, but I guess the incentive ...
Other cryptos could become just as secure through growth, but I guess the incentive to invest hardware in them is somewhat diminished if you don't believe their value will moon.
Bitcoin's security, ironically enough, is driven mostly by speculation.
Published at
2024-06-02 14:32:30Event JSON
{
"id": "ac7765e65f597e364eed730c0da941ee32febb338d3baf5da017ae67dde819eb",
"pubkey": "f675fd2c3e396ee74f88dc7fa16d094a6f1d17ec79c89e3a55a2ae9fdf148bcc",
"created_at": 1717338750,
"kind": 1,
"tags": [
[
"e",
"d2fdce0707fba58c8c1fb0716cee422e0e1dcf085c681c084e7f90ee3ea34be0",
"",
"root"
],
[
"e",
"9d0c4acaa61b698a2e3551c3a4c08150e63d61d2e7b672eab8ffb23c3c7cc9c4",
"",
"reply"
],
[
"p",
"f675fd2c3e396ee74f88dc7fa16d094a6f1d17ec79c89e3a55a2ae9fdf148bcc"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
]
],
"content": "Other cryptos could become just as secure through growth, but I guess the incentive to invest hardware in them is somewhat diminished if you don't believe their value will moon.\n\nBitcoin's security, ironically enough, is driven mostly by speculation.",
"sig": "40f779641e6aa6ab23ea07a754477cd2c5449042c899b551a798826c260a66414f51ee9998f967c55bbc46f4b19643a8520c4da0c9251d75ff03a7a8de6e1be9"
}
