What percent of UTXOs are backed by fiat debt (nothing)?
How many coins are “owned” only because of debt and the rejection that the work should be done first?
Are the excess bits created by inflating blocksize and adding arbitrary Segwit discounting an eternal debt on the network? What about using debt to acquire UTXOs to write bits on nodes?
Anyone?
Can anyone logically explain proof of work using debt and fiat as the measuring stick?
How many coins are “owned” only because of debt and the rejection that the work should be done first?
Are the excess bits created by inflating blocksize and adding arbitrary Segwit discounting an eternal debt on the network? What about using debt to acquire UTXOs to write bits on nodes?
Anyone?
Can anyone logically explain proof of work using debt and fiat as the measuring stick?
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