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1 sat \ 0 replies \ @DarthCoin 22 May 2023
Goood. That time I bought even more BTC.
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0 sats \ 1 reply \ @slender_trikes_0c 22 May 2023
Why discuss what someone wrote 8 years ago?
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14 sats \ 0 replies \ @ek OP 22 May 2023
because history is interesting
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0 sats \ 10 replies \ @jgbtc 22 May 2023
Now he spends his days arguing for inflation. He is an enemy of Bitcoin.
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102 sats \ 8 replies \ @ek OP 22 May 2023
He mentioned that he sold 50% of his bitcoins to be less leveraged / exposed to bitcoin swings. He said he still has a lot of faith in bitcoin:
So I don't think he's an enemy of bitcoin. He just has controversial opinions. (But I only know about tail emission being one.)
I think we need thinkers like him who explore areas without caring what others think.
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62 sats \ 5 replies \ @jk_14 22 May 2023
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-May/021678.html
Bitcoin's enemy is the one who is too short-sighted to see what is necessary for Bitcoin survival.
And Peter Todd is the most far-sighted developer, that's clear.
Free market is controversial.
Lack of free market is non-controversial.
That's the real state of our minds...
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10 sats \ 4 replies \ @jgbtc 22 May 2023
Succumbing to fee market FUD and advocating to remove the 21M cap is the opposite of far-sighted imo.
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100 sats \ 3 replies \ @jk_14 22 May 2023
You are enemy of Bitcoin. Full stop.
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0 sats \ 2 replies \ @jgbtc 22 May 2023
lol, ok. I'm just slavishly devoted to 21M is all. Peter Todd advocates removing the 21M cap. That's an attack on bitcoin. Go use monero if you want tail emissions.
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60 sats \ 1 reply \ @jk_14 22 May 2023
thanks to such enemies of free market (and thus: Bitcoin) like you - me (or: my kids) will have no choice than to dump (and not 50% but) 80% of my BTC stash for gold - when the Bitcoin network difficulty is not able to recover during 4 years after some future halving...
and re-buy order of magnitude more BTC - just before the emergency patch is applied
what is inevitable scenario, haha
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0 sats \ 0 replies \ @jgbtc 22 May 2023
Good news! There's already a bitcoin fork with demurrage: http://freico.in
You can go all in on that if you think demurrage is a good idea. And it's cheap too, only $0.0008067 per coin! (seems like the free market has spoken)
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0 sats \ 1 reply \ @jgbtc 22 May 2023
That was 8 years ago. These days he regularly argues for removing the 21M cap with tail emissions.
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52 sats \ 0 replies \ @jk_14 22 May 2023
There is no free market between active (on-chain) users and pasive users (stakeholders) in post-subsidy era.
And something must be done to induce a free market there.
These days he regularly argues for demurrage - where 21M cap is: untouched.
(even in this little thing you are wrong...)
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62 sats \ 0 replies \ @muteness11 22 May 2023
Enemy of Bitcoin .... such a bold statement
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0 sats \ 0 replies \ @jk_14 22 May 2023
Yes, I dug up this ancient thing regarding GHash.io in my comment inside the discussion about Bitcoin centralization: #181660
What a perfect day for such a short comment:
"Why I just sold 10,000 bitcoins for 2 pizzas..."
:))
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