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208 sats \ 2 replies \ @grayruby OP 6 Mar \ parent \ on: SN Territory Rent in a bull market meta
I don't think it's a big problem right now. Was just curious how others are thinking about it.
That being said if Bitcoin goes 3x from here I don't know how many territory owners are going to want to spend the equivalent of $200 USD a month on what is essentially a passion project at this point.
it will mean will be less territory owners, and much more quality and thinking when founding territories. For now, we are still experimenting. When price rise, will be no space for playing around, most of the RE will be established, maybe a subterritory market will rise? Will be the functionality available then? Who knows...
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That will be the general direction of the incentive, but unlikely to be either linear nor the only force at play. For instance, the more it costs, the less poor people will have a say. But another variable, poor people with a profitable territory are fine. Also, law of large numbers - it takes a lot of time and people and territories for general incentive probabilities to play out in reality.
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