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$NAT has a mission and the mission is Bitcoin security

@coinexcom @natgmi @TheBlockRunner A question for @coinexcom, Alfred and @yhaiyang: Are there any plans for ViaBTC to begin distributing $NAT rewards to miners in their pool?

NAT season hits X Spaces 🌊 @natgmi @TheBlockRunner We’ll talk about miner incentives after the halving, Bitcoin’s long‑term security budget, and how BTC‑native $NAT ties into block production and fees. Drop your best $NAT questions to win 200 USDT! Join us today at 12:00 PM UTC🔗 x.com/i/spaces/1qGoN…

@0xIT4I You'd like $nat

Easiest way to survive a bear market as an onchain trader is to only touch coins which are dramatically different.

Imagine if you had to pay a monthly fee just to hold Bitcoin. The hardest money on earth reduced to another subscription service. Sounds insane right? But this is one on the genuine solutions proposed to solve the Bitcoin security budget issue. Your own personal Bitcoin, taken to pay miners to secure the network. They call it demurrage. It'd require agreement on the rate of decay and a distribution mechanism. It'd require a hard fork. Good luck with that. The demurrage solution proposes miners receive a new funding subsidy on top of block rewards. And what does $NAT do? It provides a new funding subsidy on top of block rewards. No BTC subscription fee. No hard fork. No messing with what makes Bitcoin unique. If you think $NAT is a crazy solution to the security budget issue then you should check out the alternatives. If you think the Bitcoin security budget issue doesn't exist then all I can say is sorry, you're wrong.

Bitcoin's security budget isn't a debate; it's math. We break down the numbers that prove Bitcoin’s subsidy issue isn’t something we made up to build a narrative to pump $NAT. These are the numbers nobody in Bitcoin culture wants to say out loud, and the reason @SpiderPool_com and now @f2pool are adopting @natgmi matters more than it looks. NAT’s Organic Rise | NAT Math | Our Final Video?! | TBR #312 We sit down to pull on a thread most Bitcoin podcasts are happy to leave alone: what does it actually cost to secure the network, and who pays for it once the block subsidy has halved itself into irrelevance? The framing is simple. Pick the total store-of-value pie, multiply it by the percentage you would be willing to spend on keeping the underlying asset secure, and see what comes back. When you are talking about roughly a hundred trillion dollars in global store-of-value assets and a three to three-and-a-half percent haircut, the number that falls out is uncomfortable for anyone who has been repeating that Bitcoin's security problem will solve itself. It is also the number almost nobody in Bitcoin culture has been willing to say out loud. From there, we walk through why just-make-Bitcoin-infinite shrug doesn't hold, why the security budget hoax crowd keeps moving the goalposts, and where the resilience argument quietly breaks down. The math matters because it frames every downstream question, whether miners can stay liquid through a halving cycle, whether the network can keep expanding its attack surface without a second source of revenue, whether the Bitcoin-maximalist answer is a real answer or a vibe. About halfway through, the Spider Pool thread from last week comes back with new weight. If pool participants are already receiving NAT alongside BTC, that is not just a novelty payout, it is a live experiment in whether Bitcoin's security can be subsidized by ecosystem activity Bitcoin itself does not produce. The conversation gets into why that kind of arrangement would have been unthinkable three years ago, and what it implies for every other pool watching Spider Pool's numbers right now. Near the end Will pulls the argument into its real shape. The security question is not rhetorical and it is not decades away. The runway you have been told about is shorter than most in the space want to admit, and the set of viable answers is much narrower than the culture suggests. Watching miners coordinate around an actual revenue mechanism instead of arguing about whether the problem exists is the part that shifts the center of gravity.

Mining Giant with millions of pooled participants will distribute $NAT f2pool.zendesk.com/hc/zh-cn/artic…

@Bankless @drakefjustin There's already a solution that helps solve the security budget issue without any changes to Bitcoin itself. $NAT rewards miners with a token derived from pure Bitcoin block data. @SpiderPool_com are already distributing these rewards to miners, with more pools expected soon.

“I used to be a pretty strong Bitcoiner” But listening to the original Ultrasound Money episode with @drakefjustin changed his mind: “I have no idea how Bitcoin is going to solve the declining security budget.” There’s really 2 options: - "You add tail issuance where you remove the 21 million hard cap." - "You move to proof of stake.” “in that scenario you kind of just sacrifice your number 1 advantage to Ethereum being that you don’t change." “Eventually, I swapped all my BTC to ETH.” - @mikemcg0, with @VivekVentures from @Etherealize_io 👇

It's time to teach CT how to dream big again

@CookerFlips $NAT takes some effort to fully understand but once you do it's tough to ignore

The best coins are usually ones that have some friction to buy or shit u just don't understand

@Jackkk Looking for the next novel thing? You should check out $NAT @natgmi A Bitcoin native token for miners to protect against the impending security budget issue Growing since 2023. First mining pool adoption went live this month. Only solution to rewards halving without a fork

Cobie explains how he finds the next big thing in Crypto “I’ve never known what the next thing is gonna be, if you told me it would be pictures of apes in 2020, I would’ve said that doesn’t sound right” “My mental model is you isolate your risk and you try novel things… instead of trying to figure out why something won’t work, you might as well give it a go” “If you did this with Hyperliquid, you ended up a millionaire from the airdrop… same with FriendTech and buying ape pictures” “People’s instinct is to say this is stupid and won’t work but you need to invert that and ask what if this worked?” “Every time I see something weird, I just give it a go and try to figure out if it’s a new thing that’s gonna be important”

@izebel_eth Genuinely and wholeheartedly you might be intrigued by $nat I believe it has some of those loot syndrome markings you're talking about

"loot syndrome" loot was a free nft mint that went to 20e + a 70k token airdrop in a week. this was my experience: on august 28th, 2021, dom hofmann (known for founding vine) tweeted about a new project - loot. most nft veterans missed the mint because the name dom was associated with a notorious egg grifter in the punks discord. one of my discords pinged and we started minting. writing random ids into the etherscan contract and getting black squares with text on them. i minted ~10 before it got tedious and collisions started happening. a friend hit the contract to get all the unminted ids, and we minted ~200. then everyone was satisfied. i asked if i could pass the unminted txt file to another discord that was struggling with collisions - this was okayed, and the other group minted another 200-300 this was a saturday night, and it stayed low over the weekend, aside from a couple of friends who were spazzing out buying a ton around ~.2-.4e. then all of a sudden 2e, 6e, 8e floor in a day. people were freaking out. many had no exposure. my two discords were making spreadsheets of how much loot ppl had - 7/8figs of loot individually. the premise of these black squares was a sense of abstract “ownership” over an item set that could be integrated into anything. in 2021 people had a lot bigger imaginations than they do now. i vividly remember as people dreamed of what games could be made, someone v sharp saying “we’re playing the game right now” there were other games to play too - if you caught someone who didn’t realize “divine robe” was a grail line of text on opensea new listings you could make a 4e->40e flip in 5 minutes, and this happened regularly. the kicker was agld, an airdrop of 10,000 tokens to each loot nft. this happened around 2am est, and i remember a 1eth v3 uniswap pool that immediately got sold thru (by one of my discord friends). it was broken at ~.00001e to the downside and people were bummed they missed the free eth. i thought it was actually worth a punt and bought 400k agld from the discords otc at the .00001e broken price - it cost about 5eth. i went to bed, and woke up to agld listed on coinbase. although i sold early, agld eventually ran to a $7 peak and loot peaked at 20e, making it one of the big nft stimulus events of 2021 ive since recognized loot syndrome in other cases, the concept where playing make believe with your investments is fun and almost always over speculative. degen on base/farcaster was a more recent example - vcs on farcaster who got to play make believe with a memecoin. one big downside is the people most incentivized, who hold the asset, are lazy investors and probably not builders. builders want to create their own equity as they build, so there is a fundamental mismatch. finally, i leave you with this parting gift - a chart overlay of sol & loot during that week. i find it very funny that the story above was created because kyle salami made a billion dollars on sol going from 80->120 the previous day and euphoria blasted 10m into the latest nft fad

Picture this: It's 2032. Bitcoin hits $1 million. Miners are earning just 0.78 BTC per block, down from today's 3.125 BTC. The network is worth $21 trillion, but the security budget in BTC terms is pittance relatively. A hostile actor, maybe a nation state, hedge fund or just some troll with generational wealth, decides they want chaos. They want fear. They want panic. But most of all, they want more Bitcoin. Lots more. Here’s their playbook: Take a $100 billion short position on Bitcoin, MicroStrategy, every public miner stock and as many alts as possible. Build this over weeks so it doesn’t spook the market. At the same time, quietly approach major mining pools. Offer them 2 BTC per block in bribes, more than they’d earn legitimately, along with insider information about the coming price move. The miners take the deal, hedging with their own massive shorts. Then comes 48 hours of chaos: mining empty blocks to slow the network, selectively double-spending major exchanges, and reversing high-profile transactions. Detection is inevitable, but by the time users react, the damage is done. Mainstream media headlines scream: “Bitcoin Broken! How a 20 Year Old Known Issue Was Never Resolved.” Bitcoin crashes 50%. MicroStrategy drops 70%. Mining stocks crater 80%. Alts jump off a cliff. The hostile actor’s combined short positions print $50+ billion profit. And then the twist: they know Bitcoin isn’t dead, just wounded. They know this security budget issue will finally be taken seriously. This is a one time arbitrage play. Using their profits, they accumulate as much Bitcoin as they can at the bottom. They’re not Bitcoin bears, they’re predators exploiting a structural weakness. When miners earn almost nothing, loyalty becomes cheap. When the cost of an attack is dwarfed by the profits from chaos, the incentives shift. And when that happens, the question isn’t if someone will run the numbers, it’s whether we’ll have fixed the problem by the time they do. We need a solution, because somewhere, someone is already running said numbers. Whether it’s fee market reform, a change in block rewards, or something new, like subsidising miners with Bitcoin native digital commodities, the point is simple: act now, or let inaction become the real attack vector.

Emphasis on once $nat

Big News from SpiderPool! Earn DOUBLE rewards per BTC block: BTC + DMT-NAT (NAT) ⚡️ SpiderPool is about to roll out NAT (DMT-NAT) as a co-mined reward on BTC blocks — meaning you’ll earn extra rewards without changing a thing. Once live: •Same hashrate •Same block •Same wallet •+1 extra reward (NAT) No setup. No extra cost. Just more earnings. Quick heads-up: Make sure to bind your NAT wallet address after launch to receive your rewards smoothly. ⏳ Launch time dropping soon — stay tuned! #NAT #bitcoinmining #SpiderPool

🔥 NEW FEATURES 🔥 TAP support is live on Satflow! - Connect with TAP Wallet - Trade DMT-NAT - Create transferable inscriptions, transfer, and list for sale What TAP asset should we add next?

@tulipking You should look into $nat for something off path. I dm'd you some details a while back.

I’m trying to be the most off path thinker in crypto, lowk I think I’m more clever than most of you

Energy is the true currency. $nat is based on energy.

It's wild to me that 99% of CT have no clue about the biggest risk crypto faces in the coming years If leveraged it will destroy years of progress and growth across the entire industry Even the 1% who are aware of it choose to ignore it If you hold Bitcoin educate yourself

stack nats

@grifter457 @jdubzbtc @dmtnatcats @Evonbit To this day I still regret selling this cat 🫠

@jdubzbtc @dmtnatcats @Evonbit only 8 cats with matching body, face and ears, and I have 5 of them ☺️