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Rick Allen
@stoodder
Some thoughts regarding #nano, #bitcoin, transaction fees, and dilution. A thread:
1/8 Forcing fees on the base layer eventually prices out network participants. I'm a big fan of #nano's self-sovereign PoW. Either I can perform it myself or pay someone to do it for me. When I send nano to someone, it's the same value when received. No middlemen #btc $btc $nano
2/8 Said another way: Gold doesn't have fees if I hand my gold coin to you. It's not until we need a custodian that fees and second layer technologies start to play in. And those are due to inefficiencies of gold (It's weight and poor divisibility) $btc $nano #nano #btc
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#bitcoin #btc #LearningHowTotweet #nano

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