hylomorphic on Nostr: I think the energy transfer is the best way to conceptualize what is happening with ...
I think the energy transfer is the best way to conceptualize what is happening with fiat and btc.
If i throw a man into the Artic ocean, he can kick and flail trying to generate heat, but i know with certainty, if he remains in the water, his core body temp will reach an equilibrium with the water and he will die.
that’s the btc “fiat price volatility”
if they destroy the network somehow, sure the dude gets out of the water.
but thats why i think its ok to say its inevitable. fiat cannot outcompete btc given the energy transfer it cannot overcome
is the dude going to boil the ocean?
If i throw a man into the Artic ocean, he can kick and flail trying to generate heat, but i know with certainty, if he remains in the water, his core body temp will reach an equilibrium with the water and he will die.
that’s the btc “fiat price volatility”
if they destroy the network somehow, sure the dude gets out of the water.
but thats why i think its ok to say its inevitable. fiat cannot outcompete btc given the energy transfer it cannot overcome
is the dude going to boil the ocean?