What is Nostr?
MachuPikacchu / Machu Pikacchu
npub1r6g…gmmd
2024-09-16 16:59:40

MachuPikacchu on Nostr: Jeff Booth always hammers the point that prices fall to the marginal cost of ...

Jeff Booth (npub1s05…eyhe) always hammers the point that prices fall to the marginal cost of production. Over time the vast majority of digital content and services will be provided by bots whose marginal cost is the energy it takes to run them.

And the cost of energy priced in bitcoin has been rapidly falling as more miners compete for fewer sats.

“It might make sense to get some…”
- Satoshi
Author Public Key
npub1r6ggl0qazvwp02rlxgrf75lkfazuwhu35tmdg0u25eqsjax6243qh4gmmd