HeavyHash

Making Kaspa education accessible.

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@Chris_Hutch7 @michaelsuttonil Michael mogs

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I’m writing “The Kaspa Standard”.

I’m 20k words in and have only just finished section one…

I intend for this book to be a full length economic analysis of Kaspa and why it will be global money.

I won’t blast you with technical jargon or approach this with permabull rose tinted glasses. I will teach you, from start to finish, why Kaspa is the only contender for our future financial system -

And why it’s inevitable.

#kaspa #kaspacommunity

[HeavyHash @HeavyHashMedia]

@KathyParr101 Fire them all and automate the tube. Can’t stand the entitlement in the public sector.

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@SatsySiren Me. I’m 20,000 words in. I’m dead serious.

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@Kaspa_HypeMan Wolfie got no chill 😂

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@popstacks1 @KaspaSilver @Jeremybtc They didn’t and if they did it doesn’t matter.

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@GNGSmethwick Same law for everyone.

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@michaelsuttonil @elldeeone @hashdag No time for shaving, you’ve got a hard fork to sort out

[HeavyHash @HeavyHashMedia]

Bitcoin has failed.

Not because the network has broken, but because the incentives don’t work.

Sure, Bitcoin has a fixed supply. So does Dogecoin. But what about the demand side?

Will anyone buy it when it’s got no fee revenue and no security?

What about when ETFs, Saylor and institutions rehypothecate and print unbacked claims on Bitcoin and base layer demand is diluted?

Will anyone use it for payments when it takes 10 minutes to send and might cost your car in fees?

Bitcoin is too slow to be used as money and is corruptible for the same reasons as gold.

#kaspa is the only asset which avoids this structural problem and can remain decentralised money at scale.

[HeavyHash @HeavyHashMedia]

@qu1ck_crypt0 @Google Kaspa, probably

[HeavyHash @HeavyHashMedia]

Time preference affects whether #kaspa is adopted.

Using Kaspa as a store of value requires a long term outlook. Uncertainty about hashrate in 10 years time disincentivises adoption now.

Conversely, using Kaspa as a data sequencing layer (verifying trades with ZK proofs, frictionless settlement of fiat on Kaspa) relies only on current hashrate and cares little for network health in 10 years time. No disincentive to adopt.

@kaspakii with Warpcore and ZET-EX are a great example.

Focussing on high time preference use cases creates the fee floor for low time preference use cases.

@hashdag and @michaelsuttonil’s focus on creating a thriving data layer is the Trojan horse for Kaspa’s adoption as money.

#bitcoin has no such incentive and will die…

[HeavyHash @HeavyHashMedia]

@AppKaskad @gotorosario @judaubert Very impressed with your careful approach to this launch!

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@gotorosario Legend, you put my point better than I did 💪

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@AppKaskad Insane progress. Keep it up you legends!

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@pvson Very well said.

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@gallap01 @LevendiPro Thank you Paul, but you’re 20 too right?

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@OITOO @BlockchainBants @Kaspa_KEF @KastleWallet @Chris_Hutch7 @WolfysBar @LevendiPro Thanks Rui 🙏

[HeavyHash @HeavyHashMedia]

@KaspaGuru Even under this definition, Kaspa wins. Are PoS chains truly irreversible when many have rolled back transactions under ‘extreme circumstances’? Begs the question whether PoS transactions are ever actually final…