dadguy on Nostr: definitely agree with the idea of not wanting their transactions censored, but that ...
definitely agree with the idea of not wanting their transactions censored, but that is the case whether El Salvador mines or not. the only befit to them mining is if they have access to cheap power that can provide them more Bitcoin than if they were to buy it directly (accounting for other intermediaries, convince/complexity, etc.). in that aspect, it's just like business. or at the least, very analogous.
Published at
2024-09-02 19:26:02Event JSON
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"content": "definitely agree with the idea of not wanting their transactions censored, but that is the case whether El Salvador mines or not. the only befit to them mining is if they have access to cheap power that can provide them more Bitcoin than if they were to buy it directly (accounting for other intermediaries, convince/complexity, etc.). in that aspect, it's just like business. or at the least, very analogous. ",
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