Kanzan on Nostr: Owning or doing anything incurs opportunity cost There is no other human activity or ...
Owning or doing anything incurs opportunity cost
There is no other human activity or asset where we call simply owning and doing nothing with it "Using"
Owning a stock or a commodity or a piece of land somewhere
and doing nothing with it is a speculative investment (ie it restricts the supply!)
its not a use of the thing.
*Particularly* since Bitcoin has security needs
( Which is the only reason it's valuable anyway )
but the holder doesn't contribute to those.
Nowhere else would we refer to this as "use"
Published at
2024-11-13 12:57:33Event JSON
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"pubkey": "f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb",
"created_at": 1731502653,
"kind": 1,
"tags": [
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"content": "Owning or doing anything incurs opportunity cost\n\nThere is no other human activity or asset where we call simply owning and doing nothing with it \"Using\"\n\nOwning a stock or a commodity or a piece of land somewhere \nand doing nothing with it is a speculative investment (ie it restricts the supply!)\nits not a use of the thing.\n\n*Particularly* since Bitcoin has security needs\n( Which is the only reason it's valuable anyway )\nbut the holder doesn't contribute to those.\n\nNowhere else would we refer to this as \"use\"",
"sig": "4b310ad2c6fac4d9fb41fb9559b701427dc211417e7f3696df33e207a1c5bd030eb2514bd0494d09209b7ee75e8336e422a0b56baca01706c073777d19e838c1"
}
