What is Nostr?
S!ayer
npub1ehk…mz4s
2024-10-30 20:50:33
in reply to nevent1q…r0ll

S!ayer on Nostr: good points, and tbh at that stage, I don't think money would be on the minds of ...

good points, and tbh at that stage, I don't think money would be on the minds of people; more like food, water and shelter/medical.

In my risk exercises, I like to go to extremes and then work my way back from there. At the current rate, we could get nodes up and running again pretty quickly, given resilient data centers in bunkers and elsewhere, but there's caveats to getting it operational again, the biggest being electricity for mining the difficulty and running the network.

I think in a post-scenario world, say 10 years post, we could actually just swap over to Bitcoin entirely - but that bleeds into another thought exercise of "what will it take to get Bitcoin to be the standard"

Why I say Gold edge Bitcoin is simply because of it's tangibility. I can cut off a piece of chainlet, give it to you as payment and then hammer the chainlink together again, carrying it on me. You also mentioned the medical use case, as well as the hardware use case. Bitcoin doesn't provide these tangible vectors, but as it stands, bitcoin is an intangible gold-type asset at a vastly cheaper cost(warehousing fees, protection fees, auditing fees).

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