3cap on Nostr: A critical component of monetary scarcity is the lack of ability to create the money ...
A critical component of monetary scarcity is the lack of ability to create the money without cost.
Bitcoin’s proof of work distribution method ensures nobody can create BTC without consuming real world energy.
Proof of stake coins are perpetually created out of thin air.
Published at
2023-02-13 22:44:55Event JSON
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"content": "A critical component of monetary scarcity is the lack of ability to create the money without cost.\n\nBitcoin’s proof of work distribution method ensures nobody can create BTC without consuming real world energy.\n\nProof of stake coins are perpetually created out of thin air.",
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