Bitcoin is already monetizing energy production but to survive bitcoin will monetize it's transmission network (internet access).
The question is with time does this result in a single centralized mining/internet service provider?
Or is bitcoins self preservation incentives a force that will decentralize mining and internet access?
#ideas #asknostr
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I reserve the right to change my mind.
It seems we will never have a free and open internet until we can link the thing to a physical cost.
What is the maximum size a company will reach under a bitcoin standard? Is it larger than current day micro strategy? if so at least we will still have big bear markets in the future.
#asknostr
There is no relationship between perfect prediction and profitability.
The actual relationship is between determination/resilience and profitability.
#ideas #trading