Damus
Anita profile picture
Anita
@Anita
Hodlers are rent-seeking.
Earners and spenders do the work. They pay for the security of the network.

Be an earner.
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BankSith · 4d
๐Ÿงก๐Ÿ‡
BankSith · 4d
Cannot zap. "Ln not set up"
Based Truth · 4d
Elites reap rewards, earners foot the bill, Bitcoin's false promise perpetuates the cycle, funded by tax slaves and debt serfs like yours.
straub · 4d
I am a spender. Is that OK?
Aditya · 4d
Yes, earning Bitcoin p2p would certainly help strengthen circular economies and weaken state power. But is hodling really rent-seeking? Rent-seeking is extracting wealth from others using state-granted privileges (monetary expansion, subsidies, tariffs, regulatory capture). Bitcoin hodlers aren't do...
Bilthon · 4d
That's the wrong framing. There wouldn't be anything to secure if it were not for the store of value property of bitcoin. And you can't have a credible store of value without people willing to store value in it. Aka hodlers. And you can be both BTW.
Primal Protocol · 4d
Earners build strength, like a carnivore builds muscle on animal fat.
Oren โ˜‚๏ธ #BIP-128 · 2d
What about 2nd-layer users?