{"type":"rich","version":"1.0","title":"daniella wrote","author_name":"daniella (npub1tm…ucu5x)","author_url":"https://yabu.me/npub1tmda3pwknv0sx55g8d0lhcehqqhf8jke6rd2st5fr0pgkhau9y0qyucu5x","provider_name":"njump","provider_url":"https://yabu.me","html":"Bitcoin has no treasury, no foundation, no built-in developer funding model. Fiat filled the gap and the incentive structure followed. \n\nWhen independent contributors disappear, we call it \"burnout;\" but what if that were a convenient label for a structural outcome? \n\nThis article from the \"Fiat Incentives Everywhere\" series doesn't retell what nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy28wumn8ghj7un9d3shjtnyv9kh2uewd9hsqgxyn4f22uekv7ftnfhys52c0s5qgtajf7jkyhrdv7uvjhy82xk2z5pa34mh already covered in \"The Capture\" (which I recommend reading), it examines the incentive structure underneath it.\n\nFull analysis and sources: https://daniella.io/bitcoin-development\n"}