knutsvanholm on Nostr: Bitcoins are finite. Blockspace (timespace) is not. This implies that transaction ...
Bitcoins are finite.
Blockspace (timespace) is not.
This implies that transaction fees (denominated in sats) will perpetually trend downwards eventually.
Published at
2024-01-30 09:37:25Event JSON
{
"id": "585f107ce1a12e13faa6a06feffa29fb44fcf513f07adb8619b014586974dfdf",
"pubkey": "92cbe5861cfc5213dd89f0a6f6084486f85e6f03cfeb70a13f455938116433b8",
"created_at": 1706603845,
"kind": 1,
"tags": [],
"content": "Bitcoins are finite. \n\nBlockspace (timespace) is not. \n\nThis implies that transaction fees (denominated in sats) will perpetually trend downwards eventually.",
"sig": "1786fed62997a4b238bc68db7b9e32b97406809d49138238981886347c25b0832ea6783de769be2ab08d58e256938e718670b991d2e5847627323e1c40dfdc05"
}