Petroit on Nostr: New thought intruded into my head. What if nation-states, instead of directly ...
New thought intruded into my head.
What if nation-states, instead of directly fighting #bitcoin, start creating subsidies for miners.
As everything that states provide subsidies for becomes immeasurably corrupt and broken, it might start incentivize only the bad actor miners and pushing out the good ones.
I don't have any opinion or idea 💡 about the potential outcome yet. Need to let it rot it in my head for a while. It would probably have to happen in jurisdictions where electricity is cheap. In other jurisdictuons it would only bring miners which would otherwise not be profitable to mine.
But what do you think?
What if nation-states, instead of directly fighting #bitcoin, start creating subsidies for miners.
As everything that states provide subsidies for becomes immeasurably corrupt and broken, it might start incentivize only the bad actor miners and pushing out the good ones.
I don't have any opinion or idea 💡 about the potential outcome yet. Need to let it rot it in my head for a while. It would probably have to happen in jurisdictions where electricity is cheap. In other jurisdictuons it would only bring miners which would otherwise not be profitable to mine.
But what do you think?