What is Nostr?
Comte de Sats Germain
npub12h6…qpsf
2025-02-11 20:51:24
in reply to nevent1q…u5wk

Comte de Sats Germain on Nostr: hodling does pay the security budget. Non-circulating btc makes the circulating btc ...

hodling does pay the security budget. Non-circulating btc makes the circulating btc scarcer, which raises the value. If all the saved btc became constantly spent btc, the miners would get more units, but at less value per unit - the result would be basically the same incentive to mine, but without the benefit of people having savings. So hodl. Hodl more, actually.
Author Public Key
npub12h6h8dj3ale4rk6hkpsp6gcz9kx9xtucyhd3pftn86lnn0j25gdsa9qpsf