19CZX2Au1CCbFug3HjjtevywLSRXCm1AZf (7124) ·
I don’t think you have read or understood the whole thread...
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
https://twetch.app/t/db99005637f0bc4859b652ae8a8479259f3b6cbbf4821a9ba502a08b3305f14d Already answered it, but my solution to automate a transaction every so many decades fixes it. Regardless, BitCoin is simply an informational commodity money, and it matters not if it's quantity decreases by a slow loss, fiat and currency ride atop it.
19CZX2Au1CCbFug3HjjtevywLSRXCm1AZf (7124) ·
Your “solution” dont account for loss of units and deflation.
Famous last words “ it matters not if it's quantity decreases by a slow loss”.
Dont you see that it is the future economic statement corresponding to “credit growth matters not to the economy”?
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
You're equating BitCoin tokens to the currency used by most, yet it is not, and will/must needs become an INFORMATIONAL COMMODITY 1st & foremost, this does not need equal daily use currency. @175 's answer's sufficient to return any tokens needed for use.
19CZX2Au1CCbFug3HjjtevywLSRXCm1AZf (7124) ·
You pulling a straw man since I have said no such thing. And it’s currently irrelevant.
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
Why did you have such concern about the quantity of tokens being reduced beyond the action of SHA256 breakdown that you would propose redistributing them at the 80 year mark then? You are welcome to better define your position
19CZX2Au1CCbFug3HjjtevywLSRXCm1AZf (7124) ·
If you can’t understand the inflation/deflation discussion in the thread me repeating it won’t help you more.
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
Yes, you seemed (please confirm) to think deflation in Satoshi supply's detrimental. I argued it's irrelevant as breakdown of SHA256 fixed it longterm sufficiently, and it was further irrelevant during intervening yrs as BitCoin is a commodity principally
19CZX2Au1CCbFug3HjjtevywLSRXCm1AZf (7124) ·
I seemed? Since I read the article, thanks to BSV King, I’m quite clear that I’m not. You argued against my initial take that it could be solved by scripts which wouldn’t work for already lost coins. What’s your point?