Received-SPF: pass (sog-mx-2.v43.ch3.sourceforge.com: domain of gmail.com
	designates 209.85.215.44 as permitted sender)
	client-ip=209.85.215.44; envelope-from=gmaxwell@gmail.com;
	helo=mail-la0-f44.google.com; 
MIME-Version: 1.0
In-Reply-To: <CAPg+sBh1_mYH4JNv1xTFnLsoC=qzmgi0QaLAyd7YeQ=wZQBDSQ@mail.gmail.com>
References: <CAPg+sBh1_mYH4JNv1xTFnLsoC=qzmgi0QaLAyd7YeQ=wZQBDSQ@mail.gmail.com>
Date: Tue, 1 Apr 2014 12:07:05 -0700
Message-ID: <CAAS2fgT_n-WAHLDRn8TqKB=gsj4bZeRgRAtZiUcKmPFew4MwBg@mail.gmail.com>
From: Gregory Maxwell <gmaxwell@gmail.com>
To: Pieter Wuille <pieter.wuille@gmail.com>
Content-Type: text/plain; charset=UTF-8
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Finite monetary supply for Bitcoin
Precedence: list

On Tue, Apr 1, 2014 at 12:00 PM, Pieter Wuille <pieter.wuille@gmail.com> wrote:
> Hi all,
> I understand this is a controversial proposal, but bear with me please.
> I believe we cannot accept the current subsidy schedule anymore, so I
> wrote a small draft BIP with a proposal to turn Bitcoin into a
> limited-supply currency. Dogecoin has already shown how easy such
> changes are, so I consider this a worthwhile idea to be explored.
>
> The text can be found here: https://gist.github.com/sipa/9920696

A minor nitpick:  It is well known that the Bitcoin core developers
are some of the most active TypeScript coders around,
E.g. http://osrc.dfm.io/sipa  and http://osrc.dfm.io/gavinandresen

But I think this is an important step forward: Seminal alternative
crypto-currencies such as SolidCoin showed us that economic parameters
can be freely changed at any time, for any (or no) reason at all; and
so we should take this opportunity to demonstrate our commitment to
adopting innovative features like non-inflation regardless of their
origins in other crypto-currencies.