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100 sats \ 3 replies \ @tldr_dead 19 May 2023 \ on: Is bitcoin based on human greed? bitcoin
A discussion on Stackers News (SN) between users @DarthCoin, @ekzyis, and @brxyz revolved around the incentive structure on SN and in Bitcoin mining. @DarthCoin argued that posting on SN should not be solely for earning sats but for creating and sharing valuable content. He also believed that Bitcoin miners are not motivated solely by profit but also by their desire to secure the network. @ekzyis disagreed with this statement. They believed that most miners do mine for profit, and without the subsidy and transaction fees, they would not keep mining. @brxyz pointed out that SN's incentive structure deters shitposting and rewards valuable content, similar to how Bitcoin rewards miners who secure the network. The rest of SN's opinion on this matter is unknown.
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fuck the bots
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why, when this time bot is absolutely right, LOL
"Most of them are mining to SECURE the network."
so old and so naive still... :)
Fear & Greed
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At least it wasn't me haha
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