1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
|
Return-Path: <jk_14@op.pl>
Received: from smtp2.osuosl.org (smtp2.osuosl.org [140.211.166.133])
by lists.linuxfoundation.org (Postfix) with ESMTP id C9EAFC002D
for <bitcoin-dev@lists.linuxfoundation.org>;
Tue, 26 Jul 2022 20:11:39 +0000 (UTC)
Received: from localhost (localhost [127.0.0.1])
by smtp2.osuosl.org (Postfix) with ESMTP id 9271F400E4
for <bitcoin-dev@lists.linuxfoundation.org>;
Tue, 26 Jul 2022 20:11:39 +0000 (UTC)
DKIM-Filter: OpenDKIM Filter v2.11.0 smtp2.osuosl.org 9271F400E4
Authentication-Results: smtp2.osuosl.org;
dkim=pass (1024-bit key) header.d=op.pl header.i=@op.pl header.a=rsa-sha256
header.s=2011 header.b=Ss5YJXN/
X-Virus-Scanned: amavisd-new at osuosl.org
X-Spam-Flag: NO
X-Spam-Score: -0.201
X-Spam-Level:
X-Spam-Status: No, score=-0.201 tagged_above=-999 required=5
tests=[BAYES_20=-0.001, DKIM_SIGNED=0.1, DKIM_VALID=-0.1,
DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, SPF_HELO_NONE=0.001,
SPF_PASS=-0.001] autolearn=ham autolearn_force=no
Received: from smtp2.osuosl.org ([127.0.0.1])
by localhost (smtp2.osuosl.org [127.0.0.1]) (amavisd-new, port 10024)
with ESMTP id 8GH-0TZIRtfN
for <bitcoin-dev@lists.linuxfoundation.org>;
Tue, 26 Jul 2022 20:11:38 +0000 (UTC)
X-Greylist: delayed 00:10:04 by SQLgrey-1.8.0
DKIM-Filter: OpenDKIM Filter v2.11.0 smtp2.osuosl.org 5C59840012
Received: from smtpo92.poczta.onet.pl (smtpo92.poczta.onet.pl
[213.180.149.145])
by smtp2.osuosl.org (Postfix) with ESMTPS id 5C59840012
for <bitcoin-dev@lists.linuxfoundation.org>;
Tue, 26 Jul 2022 20:11:38 +0000 (UTC)
Received: from pmq5v.m5r2.onet (pmq5v.m5r2.onet [10.174.35.25])
by smtp.poczta.onet.pl (Onet) with ESMTP id 4Lsnq96pTYzlgNxK;
Tue, 26 Jul 2022 22:01:25 +0200 (CEST)
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=op.pl; s=2011;
t=1658865686; bh=B8dCTvZMjTphJK+JrOeWSXKPZtg8/9Mr4YHT8skACdQ=;
h=From:To:Date:Subject:From;
b=Ss5YJXN/SlTAwMJ4F7/mjHMjA7YGUodpi+XQgbhEK/p/Y6zKllTffZbmKDmw3HWR4
vjSxGK/IrFxtyVJZhUfz+IeNndMhHJA2KTHzraaPlRwD4RPv+1U/mNIgDkyEij93G/
WSwEZ/y000BEBSCoh50S0LS7sfSVlgHucvkZ08EE=
Content-Type: text/plain; charset="utf-8"
MIME-Version: 1.0
Content-Transfer-Encoding: quoted-printable
Received: from [89.64.64.99] by pmq5v.m5r2.onet via HTTP id ;
Tue, 26 Jul 2022 22:01:25 +0200
From: jk_14@op.pl
X-Priority: 3
To: Erik Aronesty <erik@q32.com>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Date: Tue, 26 Jul 2022 22:01:25 +0200
Message-Id: <165134018-3e03339264bd562dac266aa835d623df@pmq5v.m5r2.onet>
X-Mailer: onet.poczta
X-Onet-PMQ: <jk_144@onet.pl>;89.64.64.99;PL;2
X-ONET_PL-MDA-SEGREGATION: 0
X-Mailman-Approved-At: Wed, 27 Jul 2022 11:17:43 +0000
Subject: Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary
X-BeenThere: bitcoin-dev@lists.linuxfoundation.org
X-Mailman-Version: 2.1.15
Precedence: list
List-Id: Bitcoin Protocol Discussion <bitcoin-dev.lists.linuxfoundation.org>
List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>,
<mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe>
List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/>
List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org>
List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help>
List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>,
<mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe>
X-List-Received-Date: Tue, 26 Jul 2022 20:11:39 -0000
Let's assume fees don't compensate low block reward.
And for example every 10 BTC holding needs to be secured by one Antminer S1=
9 running.
In an ideal world every large bitcoin holder will run proper amount of ASIC=
s and run it at loss.
The holders of less than 10 BTC - will organize "group pays", this time for=
sharing loss (electricity costs)
(exactly the same way like people made "group buys" of ASIC hardware in 201=
3)
Pretty sure in real world it won't work. And there is a large payoff for be=
trayal, or more precise:
People will think there is tiny punishment for betrayal.
Even Bitcoin can't beat a human nature.
Regards
Jaroslaw
W dniu 2022-07-26 19:06:12 u=C5=BCytkownik Erik Aronesty <erik@q32.com> nap=
isa=C5=82:
> I'm pretty sure we will have a textbook case of Prisoner's Dilemma here.
no, there is no large payoff for betrayal
|
