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@chaskin.eth
Memes can shape beliefs even if they're not true. Take the 21 million Bitcoin meme - while it's unlikely to hold up under Bitcoin's current security model, it's simple, memorable, and has onboarded countless people into the space. Sometimes the power of a meme is worth more than the truth
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Sumaa
@sumaa
why so is it unlikely to hold up?
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@chaskin.eth
TLDR every 4 years miners pay gets cut in half, that's not long term sustainable. Imagine a bank cutting it's security guards salaries in half every four years
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Idan Levin π©
@idanlevin
what if they make fees out of memecoins? (ordinals)
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@chaskin.eth
>90% of miners pay comes from new issuance
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