BVT

Also: Blockspace Value Theory

Blockspace Value Theory, a living document and an untested thesis (version 3.0, July 2026). It proposes that blockspace tokens "derive monetary value from the scarce resource they permanently consume": Bitcoin blockspace. It holds that they form one commodity market denominated in kilobytes, with a price floor. The text itself says several of its central claims are untested. See Blockspace Value Theory.

Used by: block.space

Used on #

• What is Blockspace Value Theory?
• What is blockspace?
• What is the witness discount?
• Why blockspace is scarce
• Atomicals as a natural experiment
• Attribution and the Shared Claim Axiom
• Blockspace Value Theory
• Blockspace
• ARC-20 and Atomicals
• Blockspace Value Theory (Labs card)
• Testing the BVT

Sources #

1. block.space docs: Blockspace Value Theory · block.space/docs/bvt
2. Blockspace Value Theory · block.space/docs/bvt