Oddbean new post about | logout
 This is why I don't write notes.

Bitcoiners 3 months ago: FEES WONT SUPPORT MINERS need fork

Bitcoiners today: MINER FEES TOO HIGH need fork

Ffs ima just keep stacking and running my node as is. 
 Most of the "fees won't support miners" narrative was from non-bitcoiners, or the subset of bitcoiners that has been pushing heavily for DeFi on bitcoin. 
 Ah ty. See yet another reason for me to keep my mouth shut and be happy we are blessed with voices like yours. 
 True Bitcoin price is the cost of hash power. As we see more "buyer of first resort" mining operations tied to remote small grid energy production projects, the cost of power will become the cost of mining bitcoin +1sat. In this decentralized power setup, people in remote regions may be the first to experience true free market circular bitcoin economies.