GLACA on Nostr: “Defensive mining”—an idea rooted in Satoshi’s early vision—suggests that ...
“Defensive mining”—an idea rooted in Satoshi’s early vision—suggests that powerful entities might mine Bitcoin unprofitably to protect the network’s integrity. Whether for self-interest, international trade security, or even hash-rate treaties between nations, this concept reshapes mining from pure profit-seeking to strategic value protection. In a world where Bitcoin becomes a core financial tool, mining could evolve into a geopolitical defense mechanism.”
#bitcoin #bitcoinstudy
Published at
2024-10-05 08:03:29Event JSON
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"content": "“Defensive mining”—an idea rooted in Satoshi’s early vision—suggests that powerful entities might mine Bitcoin unprofitably to protect the network’s integrity. Whether for self-interest, international trade security, or even hash-rate treaties between nations, this concept reshapes mining from pure profit-seeking to strategic value protection. In a world where Bitcoin becomes a core financial tool, mining could evolve into a geopolitical defense mechanism.”\n\n#bitcoin #bitcoinstudy",
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