Once people realize there never will be a reason to hold si…

Twetch ·

Once people realize there never will be a reason to hold significant amounts of it, things will be a lot better off.
https://twetch.app/t/e3921ae8eae5f3cd3954915a3a286a8c6bb2c01674c8dea7215b8c2325e59649

Replies

Twetch ·

- Deflationary asset
- Large amounts of on-chain utility
- nO rEaSoN tO hOlD iT

lololololol why? this is some LN level logic.

Twetch ·

Is it deflationary?

Twetch ·

CSW giving Peter Todd a run for his pseudo-deflationary money.

Twetch ·

If China and America both decided to support 'bitcoin inflation tax' legislation, what would BSV miners do?

Twetch ·

This makes technical sense:
1) Alertkey system to freeze UTXOs (if not already spent onward)
2) once coins permanently frozen issue new coins in block reward to replace frozen ones and issue those to claimant .

Legal issues are murky here.

Twetch ·

And possibility for abuse seems high.

Twetch ·

it makes technical sense with participation.

this would be one of those things people want to make fail

Twetch ·

Indeed. If law is my recourse when some idiot halfway around the world, in different jurisdiction seizes my money, then WTF.

Do I sue to get my $100 back ?