Damus
Kyma Fi · 4w
The denomination doesn’t “change”; the currency becomes worthless. Every single unbacked form of value in human history has ultimately faced obsolescence. From the clay tokens of Mesopotamia to ...
nostrich profile picture
I don't think you understand the point. For bitcoin to survive from fees alone with 7TPS, it means each mainchain transaction will cost roughly a month of salary whatever the denomination is. We already know that cause we already know the cost of mining a block.
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Soul Reaver · 4w
Pointless arguing with people who don't know basic math I muted him long time ago :D
Kyma Fi · 4w
You are literally measuring this 'salary' in a piece of paper rather than what real value is and what an actual free market represents: efficient energy transfer. It makes sense why you buy into the Monero narrative. To you, privacy is the ultimate battleground, and you assume the primary issue wit...