Locking is the new spending. Post-locking, BSV is valued a…
Locking is the new spending.
Post-locking, BSV is valued against time instead of $.
The lock price of an asset can be found where BSV amount, plotted against time, intersect on a curve.
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Why would I give my asset to you just because you locked? What's in it for me? Will your lock generate something I then own/control? Some token? What can that token do? Is that token more valuable than a fresh lock? Will there be an inflation of lock-tokens?
lock .01 bsv for 1000 blocks to mint some tokens
sell those tokens to someone else who locks .02 bsv for 1000 blocks
in return you get a higher priced bsv
and you get some tokens^2
then you can sell the tokens^2 for tokens ^3
etc
etc
etc
everything becomes "free" but you still get rewards
this is the new attention economy