Sovereign Individual on Nostr: Blockchains are inefficient until it has #Bitcoin in its base layer because: * it has ...

Blockchains are inefficient until it has #Bitcoin in its base layer because:
* it has an incentive model
* proof of work
* concensus mechanism
* difficulty adjustment
* immutability
* cannot be changed
* use of energy
* incentive structure
* distributed nature
* open source nature