Parallel Structures on Nostr: According to Tesla's writings, free energy and anti gravity were discovered by Nikola ...
According to Tesla's writings, free energy and anti gravity were discovered by Nikola Tesla in the early 1900's.
I was contemplating the implications for bitcoin; only 8% of the supply remains to be mined. It would only remove the energy cost for mining the remaining coins. There would still be the cost of the infrastructure.
Would this really affect the value so much? I don't think so. The benefit is that the network would be less expensive to maintain. After most the supply is mined, the system still needs to be profitable for those processing transactions. Energy being free would help keep transaction fees down.
I was contemplating the implications for bitcoin; only 8% of the supply remains to be mined. It would only remove the energy cost for mining the remaining coins. There would still be the cost of the infrastructure.
Would this really affect the value so much? I don't think so. The benefit is that the network would be less expensive to maintain. After most the supply is mined, the system still needs to be profitable for those processing transactions. Energy being free would help keep transaction fees down.