Live preview of the subsidy problem:
Stacks (BTC L2) copied Bitcoin's halving model, the halving cut its yield in half, fees couldn't cover it — so their answer is 3x emissions. Declining issuance + weak fees = forced inflation. $NAT sustainable
https://t.co/vzmdlXNvA5
This is $NAT all that this tremendous update means. We will be carried along in a very fluid river, and everything will flow to the king.
We're just about to $TAP the waters!
#BTCDEFI#DEFI
$BTC
$SOL
#DMT
$NAT
$DMTNAT
#SOLANA#CRYPTO
Over half of Bitcoin's hashrate has already used ~94% of their $NAT as the second subsidy, either by selling or distributing downstream to their pool participants. Proof the second subsidy is working as intended.
✅Complex systems again. ✅Communities again. ✅Startups again.
Our conversations in the $NAT community. Today’s amazing news from $TAP prompted me to make this comparison.
🎨Imagine this.
A huge, noisy, colourful bazaar. It is hot outside. Vendors are praising their goods, and the smell of food fills the air. Crowds flow between the rows like rivers in flood. Wealthy buyers ride elephants, looking down on it all. Literally and figuratively.
Small stalls have been pushed to the periphery. Because the centre, the focus of attention, belongs to rich sellers and well-known brands. Buyers act predictably. They rely on familiar names, brands, and technologies. Everything new sits somewhere at the edge of perception. Everything new has to prove itself and earn attention. It is possible, but very hard.
Then comes a bad harvest year. There is not enough coal or firewood. Conflicts break out everywhere. Attention is pulled toward another nearby market. They sell strange goods there. 🤖Goods that do the work for you. It is so strange and unusual that even during hungry times, people choose to spend money on these goods, cutting back somewhere on food, water, and clothing. Brave new world…
The old bazaar loses its former shine. Fewer buyers, fewer merchants. At some point, the musicians disappear from the streets. Nobody cleans the trash anymore. And worst of all, every week brings news that another major brand is shutting down. Before, this would have been impossible to imagine.
But the periphery keeps living. Small merchants keep making their goods. They will disappear soon, too, the idle wanderers think. Of course, some of them do shut down, but the most stubborn ones keep producing. When everything around them seems bad, when nobody believes, they keep doing their work.
🔮And at some point, magic happens.
The silence in the market naturally brings attention to those who stayed and kept working. And if earlier wealthy buyers would not have noticed this tiny stall even from their elephants, now those persistent, consistent builders are beginning to change the structure of the bazaar itself.
🎯Becoming the new centre of the new market.
And when the crisis and conflicts end, yesterday’s small trading stall unexpectedly becomes a major player in the new market. But it is “unexpected” only for the observers. For those who were inside the system, endured, worked hard, and kept believing, it is not “unexpected” at all. It is the natural result of heavy, consistent work.
🟰In this allegory, the small startup from the periphery and everyone who supported it simply kept accumulating potential regardless of external factors. And when the time came. They turned out to be the most visible and the most coherent.
🤓This is what a cascading transition in the spirit of Per Bak. Looks like long accumulation on the periphery. Then a shift in conditions, and yesterday’s small stall suddenly becomes the new centre of the market.
#ComplexSystems #BuildInBear #Cascade
TAP is the only Bitcoin token standard that enables this s**t like this 🪙
Connect MetaMask/Phantom
Connect TAP Wallet
Swap 🔁
Done ✔️
Total self-custody on both sides.
Yet another huge reason to build on TAP
Most creator platforms stop at attention.
Get followers.
Get views.
Get engagement.
But what happens next?
We're exploring a different path:
Build an audience.
Build a market.
Build a collection.
The future creator economy may not end with attention.
It may start there.
𝐓𝐀𝐏 𝐂𝐫𝐨𝐬𝐬𝐃𝐄𝐗 Chain #3
⛓️ @ethereum
On June 7th, all Ethereum users will have access to permissionless swaps with Bitcoin assets on TAP.
> Connect your MetaMask
> Connect your TAP Wallet
> Swap 🔁
> Done ✅
Fully self-custodial, cross-chain swaps only on TAP CrossDEX
Introducing: 𝐓𝐀𝐏 𝐂𝐫𝐨𝐬𝐬𝐃𝐄𝐗 🔁
Cross-chain swaps on TAP protocol
Your TAP assets and BTC are about to be connected to liquidity across 3 of the largest chain ecosystems!
All permissionless & Self-custodial.
But which 3 chains are we announcing today? 👀
What this tweet fails to showcase is where the DMT-NAT token, the biggest token in the Bitcoin ecosystem, is living on.
It all lives on @tap_protocol
This is the signal. Everyone is integrated on TAP.
And if you aren't, you will be left behind like every other 'game changing' Bitcoin token.