It is. As a node runner I don’t want to pay to store it on my computer. I run a node to secure the monetary network, not to store info that can be preserved elsewhere.
Satoshi himself said that th...
True and I can totally relate to this point myself, but Bitcoin is the only place that can preserve information with full fidelity through all of time. Stone was the apex prior to Bitcoin with respect to entropy. This is why we have a block size limit.
Where else can we store open public immutable information with infinite duration? Bitcoin is the only substrate to structure information that can resist entropy in perpetuity.
I’d be happy to look elsewhere, but I can’t seem to find a second best to Bitcoin.
The moral question is what ought to be preserved; and if the answer is “monetary information” then how do we define money without reference to fiat? How can money be natively defined by Bitcoin and the physical transformation of energy to information/time?
Where else can we store open public immutable information with infinite duration? Bitcoin is the only substrate to structure information that can resist entropy in perpetuity.
I’d be happy to look elsewhere, but I can’t seem to find a second best to Bitcoin.
The moral question is what ought to be preserved; and if the answer is “monetary information” then how do we define money without reference to fiat? How can money be natively defined by Bitcoin and the physical transformation of energy to information/time?
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