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0 sats \ 2 replies \ @mallardshead 19 Feb 2023 \ on: Bitcoin Maxis vs Bitcoin Maxis battle... bitcoin
Emissions is a bad idea. Here's why:
Awareness increases linearly with price and technological friction falls. This will lead to smaller amounts of lost BTC over the x-axis. We have multisig, inheritance schemes, miniscript, etc inbound too.
Also 100 years in the future, a computer with enough qubit strength to run Schor's Algorithm means ancient coins get found if there's no fork of the protocol. Thusly, emissions=inflation.
Peter Todd is wrong. @Darthcoin, do you care to chime in?
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10 sats \ 1 reply \ @SpaceHodler 20 Feb 2023
If a quantum computer can find ancient coins, it can find your coins too.
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0 sats \ 0 replies \ @mallardshead 20 Feb 2023
That assumes mine are not protected by quantum resistant cryptography, and that backwards compatibility of the states nodes checkpoint to still exists.
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