Bitcoin conserves demand for blockspace. Demand for blockspace can only be paid in sats by individuals up front or paid in bits as a tax on all nodes that must be paid in perpetuity as a forever maintenance cost in time. Pick one. Low time preference is to pay in sats rather than bits. No free lunch.
Do you care about nodes or not?
If lightning can’t survive by paying the true cost of the bits it produces and needs a subsidy tax on nodes, then it was never a valuable trade off to make. You’ll never know the true cost if you manipulate the market through arbitrary discounting and blocksize increase.
Lightning won’t die by restoring sound economics to the chain. Crazy that we have to even have a debate on whether market manipulation in bitcoins blockspace economics is a good thing or not…..
Jackk / Jack K
npub183…faslh
2026-07-17 14:38:51 UTC
in reply to nevent1q…g3hy
Author Public Key
npub18384z4sjgdfy7vr76thzwtru7jncysz0hcapwesxqsak44p8aemsyfaslhSeen on
wss://nostr.momPublished at
2026-07-17 14:38:51 UTCEvent JSON
{
"id": "e91e3cd60406a8448825f209112bf5519c9afb06c95745be8dba4ee5b9e42f5f",
"pubkey": "3c4f51561243524f307ed2ee272c7cf4a782404fbe3a176606043b6ad427ee77",
"created_at": 1784299131,
"kind": 1,
"tags": [
[
"e",
"ed4aff4aec42ec9ecac9822777d04677e6c5d9044e63062346d0c5d80c35d034",
"",
"root"
],
[
"e",
"3944ef511254ee7a7e91ce900364b8456e5153a95a4ce7782fd3ee0e617124b4",
"",
"reply"
],
[
"p",
"45835c36f41d979bc8129830f2f5d92562f5343d6feddd6f30aa79480730f26e",
"",
"mention"
],
[
"p",
"8eefbaa4dc1ddd5089fed2ddb02d6ec3e28cd1c66a39fef6cc09426ce33dc09a",
"",
"mention"
],
[
"client",
"Primal iOS"
]
],
"content": "Bitcoin conserves demand for blockspace. Demand for blockspace can only be paid in sats by individuals up front or paid in bits as a tax on all nodes that must be paid in perpetuity as a forever maintenance cost in time. Pick one. Low time preference is to pay in sats rather than bits. No free lunch.\n\nDo you care about nodes or not?\n\nIf lightning can’t survive by paying the true cost of the bits it produces and needs a subsidy tax on nodes, then it was never a valuable trade off to make. You’ll never know the true cost if you manipulate the market through arbitrary discounting and blocksize increase.\n\nLightning won’t die by restoring sound economics to the chain. Crazy that we have to even have a debate on whether market manipulation in bitcoins blockspace economics is a good thing or not…..",
"sig": "1396c84da48b302ba5e5f7e5908cf716fb6b5a1d80b1cb8db8d59912bb333e9f444cc133b613e2184471e6c9a1f2a696efed3908d24a5ffb07b71b0626635575"
}