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sacha

Following0Followers (X)12.41KPosts249Likes2.7K
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miners dig up unrefined ore, which has a high annualized yield in ore terms holding it earns you fees from others who choose to refine their ore the more patient you are, the more ore you earn (all else equal) https://t.co/MbUvsa84AW

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not as satoshi intended it's a bit philosophical but i think part of what distinguishes a credible monetary system is how recipients obtain the initial opportunity, not simply whether their coins eventually reach willing buyers i think this is one of the main reasons bitcoin has failed to win over the hearts and minds of everyday people

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“The market needs to reframe their thinking about what makes a SoV… [Bitcoin is] a SoV because it walked a tightrope during a time period that allowed it to become a trusted brand. For instance, the Satoshi wallet never being touched is a massively critical component to this trusted brand roadmap. … Everything about the $ore 's design from being symbiotic with SOL, to the incentive structures that are only accessible through mining / holding, plus the ridiculously low barrier to entry are all in its favor. Last but definitely not least, the biggest factor is HHC's meticulous path and attention to details to ensure trust is the best-in-class in this market.” 🎯

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fwiw, the @ripcarsio playbook is extremely powerful for consumer products and only really possible on @MetaDAOProject: 1. raise the minimum viable amount from potential users 2. prove out the idea while integrating their feedback 3. once you’ve shown p/m fit raise more from investors to scale it the beauty here is that you invert the status quo: professional investors buy higher than your initial users who believed from day 0 there’s nothing quite like it

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look for the projects that are so mispriced that it doesn’t matter all that much what btc does zec a year ago ore today

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the ideological undercurrent doesnt matter if the wealth is concentrated and the marginal buyer is using tradfi make it possible and enjoyable to mine from your phone make it composable with the best defi ecosystem in the world give the next buyer a reason to come onchain and stay