I read this comment with interest, thanks for sharing. Makes good sense to me.
If I may ask, do you think the distribution of bitcoin will be somewhat equitable as we approach 2140?
And do you you think it will actually become a medium of exchange as originally hoped? Or will it remain a store of wealth only (as things currently seem to indicate)?
And if it indeed remains only a store of wealth, will said wealth be distributed relatively equally, or will we be left with a relatively small pool of large holders?
Just trying to wrap my mind around the long-term evolution of bitcoin - and your way of explaining the energy conundrum above makes me think you probably have good insight on this.
If I may ask, do you think the distribution of bitcoin will be somewhat equitable as we approach 2140?
And do you you think it will actually become a medium of exchange as originally hoped? Or will it remain a store of wealth only (as things currently seem to indicate)?
And if it indeed remains only a store of wealth, will said wealth be distributed relatively equally, or will we be left with a relatively small pool of large holders?
Just trying to wrap my mind around the long-term evolution of bitcoin - and your way of explaining the energy conundrum above makes me think you probably have good insight on this.
I'd value your opinion, thanks :)