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30 sats \ 5 replies \ @anon 6 Sep 2023 \ on: Tail Emissions Are A Terrible Idea bitcoin
Tail emissions are a really bad idea.
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A large part of bitcoin's value comes from not changing its monetary policy.
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As adoption grows, tx fees & BTC price in $ will rise. This will be enough.
Bitcoin's security model is fine the way it is. There is no need to change it.
calculate hipotetical $ price increase by factor 2^30, without inflation in first approximation
LOL
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Would you please provide some mathematical proof that the security model is “fine the way it is?” Much has changed since the whitepaper, and most of the security assumptions there have been invalidated.
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fork your mother if you want fork
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I apologize if I was offensive; that was not my intent. This issue is my most significant concern about Bitcoin, and actively prevents me from being a “13%er,” so anything that can help me verify rather than trust long term safety will have a significant impact on my dedication to the ecosystem.
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You were not offiensive and now you are uniquely patient, smh :)
There are only two crucial issues:
- lack of free market between active and passive users
- quantum threat
After wise preparition against these two - the road is clean to evergreen, magic Internet Money :)
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