"The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it." - Alex B.
Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth needed to sustain Bitcoin indefinitely? An excellent piece read today from Alex B...
The Lightning Paradox:
https://medium.com/@bergealex4/the-lightning-paradox-f15ce0e8e374
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"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the...
"As will become clear as the argument progresses, I actually think the outcome to which I am building up is where things have to...
The future of banking and payments will be run on old laptops and built by rebels. But really. As inspiration from Callebtc's announcement of...