pull down to refresh
42 sats \ 1 reply \ @birdeye21 OP 4 Jun \ parent \ on: Are we thinking about MoE all wrong? bitcoin
Yep..i should have been more clear that costs don't just disappear...they get shifted elsewhere. "Free" at the consumer level for most if not all basic goods
MoE as a function will always inherently exist, just a matter of where we see MoE taking place..and who/what is doing the exchanging
It’s interesting to note that more efficient systems, like lightning, will delay this change. With much lower transactions costs, the expectation is to see even more small scale transactions.
reply