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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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Yahav
@yahav
Isn’t the stipulation that the fee itself gets more valuable as it gets cut in half ?
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