EricFJ on Nostr: For people who don’t understand how the network works, yes… this can be ...

For people who don’t understand how the network works, yes… this can be inconsistent.

But if you are driving economic activity through Bitcoin, no matter the layer, you eventually drive settlement demand because built up imbalances need to be settled for risk management.

That takes A LOT of economic activity to matter though. Which is why I’m actually open to innovation here (especially in the thermodynamic clock / timechain space as it pertains to Nostr), because I don’t think monetary purism will get us a robust system. People need to be more open about what is “Bitcoin driven economic activity” outside of purely currency IMO. That’s where this discussion can go off the rails though.