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0 sats \ 6 replies \ @jk_14 11 Jun 2023 \ parent \ on: Could the political views of Btcoiners becoming diluted be dangerous to Bitcoin? bitcoin
let me translate:
introducing free market between overtaxed active users paying $40 per tx (current price tag, and rising!) and
passive free-riders aka stakeholders paying close to nothing in post-subsidy era
...and "bitcoin becomes shitcoin" ;)
the situation is really like in a greek tragedy - the choice is between:
free market and "The dogma of Satoshi's full infallibility" (while Satoshi clearly forgot to implement free market there)
as a side note:
free market can be implemented without touching hard cap, using demurrage for example, and that's Peter Todd's current suggestion, due to mental problem with "dogma of Satoshi's full infallibility"
In future everything will be on lightning except for nation state level settlements
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...and it doesn't matter between what kind of parties there is lack of free market.
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The miners do not guard passive holders because 51% attackers can't take their Bitcoin anyway. The miners guard recipients of recent transactions from reversals. Therefore it's proper that only active users pay the miners. Enough with monerist bullshit already.
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The miners do not guard passive holders
lol,
imagine what happens to Store-of-Value property (most important for passive holders) - if the network difficulty would drop by half or more...
Yeah, enough with bullshit already :)
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Nothing?
Recipients of big transfers would start requiring more confirmations. Recipients of small transfers would continue to use LN.
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Nothing?
Wrong.
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