OT on Nostr: How about the initial idea of Satoshi? It didn't have any value for about a year. ...
How about the initial idea of Satoshi? It didn't have any value for about a year. Satoshi left without spending his coins too. Then there's the low time preference of halving every 4 years or so for over 100 years.
Monero took a sh$tcoin and changed the supply parameter. How long did that take? A day? A week? (It took litecoin about 8 hours I hear). Monero also took a high time preference to mine out the coins in like 7 years.
They are not the same.
Published at
2024-07-11 09:29:14Event JSON
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"content": "How about the initial idea of Satoshi? It didn't have any value for about a year. Satoshi left without spending his coins too. Then there's the low time preference of halving every 4 years or so for over 100 years.\n\nMonero took a sh$tcoin and changed the supply parameter. How long did that take? A day? A week? (It took litecoin about 8 hours I hear). Monero also took a high time preference to mine out the coins in like 7 years.\n\nThey are not the same.",
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