Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id DCE1289E for ; Sat, 14 Nov 2015 21:28:32 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from zinan.dashjr.org (zinan.dashjr.org [192.3.11.21]) by smtp1.linuxfoundation.org (Postfix) with ESMTP id C169E13F for ; Sat, 14 Nov 2015 21:28:31 +0000 (UTC) Received: from ishibashi.localnet (unknown [IPv6:2001:470:5:265:61b6:56a6:b03d:28d6]) (Authenticated sender: luke-jr) by zinan.dashjr.org (Postfix) with ESMTPSA id 1DB5E38A6FC2; Sat, 14 Nov 2015 21:27:54 +0000 (UTC) X-Hashcash: 1:25:151114:gubatron@gmail.com::d+oxFE7ubAiig/sd:aW1DU X-Hashcash: 1:25:151114:bitcoin-dev@lists.linuxfoundation.org::d9JaIsf6+deFZNd/:aQqAm X-Hashcash: 1:25:151114:jtimon@jtimon.cc::/G//kHi+3lT8teAk:a9mrj X-Hashcash: 1:25:151114:johnsock@gmail.com::qb+eFay+z/2InYpa:SE2R From: Luke Dashjr To: Angel Leon Date: Sat, 14 Nov 2015 21:27:51 +0000 User-Agent: KMail/1.13.7 (Linux/4.1.9-gentoo-r1; KDE/4.14.8; x86_64; ; ) References: <201511132228.47815.luke@dashjr.org> <201511142111.24046.luke@dashjr.org> In-Reply-To: X-PGP-Key-Fingerprint: E463 A93F 5F31 17EE DE6C 7316 BD02 9424 21F4 889F X-PGP-Key-ID: BD02942421F4889F X-PGP-Keyserver: hkp://pgp.mit.edu MIME-Version: 1.0 Content-Type: Text/Plain; charset="iso-8859-15" Content-Transfer-Encoding: 7bit Message-Id: <201511142127.53255.luke@dashjr.org> X-Spam-Status: No, score=-2.3 required=5.0 tests=BAYES_00,RP_MATCHES_RCVD autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: Bitcoin Dev , John Sacco Subject: Re: [bitcoin-dev] BIP - Block size doubles at each reward halving with max block size of 32M X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sat, 14 Nov 2015 21:28:33 -0000 On Saturday, November 14, 2015 9:15:07 PM Angel Leon wrote: > "the economy does not necessarily include miners" > so the money supply isn't part of the economy? Not in the context of economic majority deciding hardforks. After all, the outcome of the hardfork *determines* the money supply. So the former money supply not supporting the change would just mean they cease to be involved in that capacity. But even aside from that, the more relevant factor in terms of economic involvement is /acceptance/ of bitcoins as payment for real goods. Luke