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From: =?utf-8?Q?Jos=C3=A9_Edil_Guimar=C3=A3es_de_Medeiros?= <jose.edil@gmail.com>
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Subject: Re: [bitcoindev] HODL Tax Proposal
Date: Thu, 1 Aug 2024 18:59:18 -0300
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To: Richard Greaser <thebitcoinbugle@gmail.com>
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<html><head><meta http-equiv=3D"content-type" content=3D"text/html; charset=
=3Dutf-8"></head><body dir=3D"auto">Not sure if I should consider this a jo=
ke after the president of bitcoin thing, but I just got curious about a bas=
ic technical detail and wanted to stress the concept.&nbsp;<div><br></div><=
div>Since the value "tokens" in Bitcoin are the utxos, outputs from transac=
tions that have not been spent in another transaction, and since the sole p=
urpose of the utxos are to atomically serve as input to a subsequent transa=
ction, how do you proposed to "tax" them?</div><div><br></div><div>I mean, =
let's say someone sent me 1 BTC to address X by building a simple p2pkh tra=
nsaction with the address I provided. To move that 1 BTC mean to authorize =
it as an input to a new transaction. In principle, that can only be done by=
 me producing a valid signature using a private key.</div><div><br></div><d=
iv>Let's say I'm one of those infamous holders. How do you propose the tax =
to be implemented?</div><div><br></div><div>All the best.&nbsp;<br id=3D"li=
neBreakAtBeginningOfSignature"><div dir=3D"ltr">--<div>E...</div></div><div=
 dir=3D"ltr"><br><blockquote type=3D"cite">On 1 Aug 2024, at 18:13, Richard=
 Greaser &lt;thebitcoinbugle@gmail.com&gt; wrote:<br><br></blockquote></div=
><blockquote type=3D"cite"><div dir=3D"ltr">=EF=BB=BFHi everyone,&nbsp;<div=
><br></div><div>It has become apparent to me that there is an issue where u=
sers of the network holding their coins, are not adding value to the networ=
k. <br><br></div><div>As miners continue to get squeezed post halving, they=
 would benefit tremendously from fees being taken from individuals refusing=
 to move their coins, providing increased security to the network.&nbsp;<br=
><br>I have written out a proposal more in depth and is attached below.&nbs=
p;</div>

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<div>&lt;hodltax.md&gt;</div></div></blockquote></div></body></html>

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