minting SATO on the curve is similar to Bitcoin mining, but based on demand, not on energy
the hook sets a cost of issuance:
p(eth) = (S/K) · e^(eth/S)
that's what it takes to bring the next unit of supply online. you don't have to mint, just like BTC: you can buy on the secondary market instead
supply responds to demand, asymmetrically
demand → prices up → minting profitable → curve advances → marginal rises → repeat
each cycle locks in a higher cost basis. the floor under sato climbs with every mint
minting is mining. mining responds to demand
bullish on the mechanism. an alternative way to issue Bitcoin based on demand