Earnest Holden on Nostr: The difficulty adjustment is the keystone. ...
The difficulty adjustment is the keystone.
At the event horizon of a black hole it is posited that dimensions of space and time, for lack of a better description, flip.
For commodities, including gold, the more force you apply to the dimension of space, the greater the supply. The deeper you dig, the more you get.
Due to difficulty adjusted proof-of-work, the supply of sats is not influenced by the amount of force applied to the dimension of space.
The only way to unlock more supply is through the dimension of time.
Bitcoin flips the dimensions of space and time.
The white paper was the event horizon.
Published at
2024-03-04 16:14:40Event JSON
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