What is Nostr?
ROSSTR
npub1699…zaf7
2023-12-28 01:19:24
in reply to nevent1q…jg9m

ROSSTR on Nostr: Scenario A: A State actor, by way of the money printer, prints infinite amounts of ...

Scenario A: A State actor, by way of the money printer, prints infinite amounts of fiat, and uses it to pay mining pools to exclusively mine empty blocks.
Block space available for economic bitcoin transactions evaporates, and for many, bitcoin becomes unusable.

Scenario B: A State actor, by way of the money printer, prints infinite amounts of fiat, and uses it to pay mining pools to fill blocks full of jpegs…

In terms of functional outcome, what is the difference between these two scenarios?
Author Public Key
npub1699t5u65fsejvjj5eh6vjd2lj4l8dv0ppssl3dk4ytes33344r4s3vzaf7