📅 Original date posted:2018-01-22
📝 Original message:> On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> The chain with the most mining power will tend to have more value.
I believe you have the causality on that backwards. The tokens which are worth more value will attract more mining hash rate. Miners respond to cash-out value, they don’t set it.
Mark Friedenbach [ARCHIVE] /
npub1r3…48d0u
2023-06-07 18:10:02
in reply to nevent1q…3jl2
Author Public Key
npub1r3san9v5njl6798hvauyu9ntm6r9c7u8s0t65wls58gpfdcvqp5sa48d0uPublished at
2023-06-07 18:10:02Event JSON
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"content": "📅 Original date posted:2018-01-22\n📝 Original message:\u003e On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \n\u003e The chain with the most mining power will tend to have more value.\n\nI believe you have the causality on that backwards. The tokens which are worth more value will attract more mining hash rate. Miners respond to cash-out value, they don’t set it.",
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