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https://warpcast.com/~/channel/btc
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Vladyslav
@chillyfame
π1/5 GMEZO funs. Today we'll learn about the economic implications of Bitcoin native gas. The use of sats as gas mirrors an economic principle that has shaped global finance for decades.
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Vladyslav
@chillyfame
π 2/5 Just as the petrodollar system established the US dollar as the world's reserve currency by linking it to vital energy transactions, Bitcoin-denominated gas fees create a fundamental demand driver for Bitcoin within the BitcoinFi ecosystem.
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Vladyslav
@chillyfame
π₯³ 3/5 Where Ethereum and Solana's native gas models created contained economic systems, Bitcoin's position as both a global monetary asset and a utility token for its own ecosystem represents a unique convergence of store of value and medium of exchange.
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Vladyslav
@chillyfame
π€ 4/5 This dual role carries significant implications. When transaction fees are denominated in sats, every interaction within the ecosystem reinforces Bitcoin's monetary premium. Mezo applies the same principle to Bitcoin by using sats for all transaction fees within its ecosystem.
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Vladyslav
@chillyfame
π€ 5/5 The result is a self-reinforcing cycle in which every interaction increases Bitcoinβs usage and importance.
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