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
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
|
Return-Path: <omarshib@gmail.com>
Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org
[172.17.192.35])
by mail.linuxfoundation.org (Postfix) with ESMTPS id CCCF619BE
for <bitcoin-dev@lists.linuxfoundation.org>;
Mon, 1 Apr 2019 02:55:53 +0000 (UTC)
X-Greylist: whitelisted by SQLgrey-1.7.6
Received: from mail-it1-f194.google.com (mail-it1-f194.google.com
[209.85.166.194])
by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 64435E7
for <bitcoin-dev@lists.linuxfoundation.org>;
Mon, 1 Apr 2019 02:55:53 +0000 (UTC)
Received: by mail-it1-f194.google.com with SMTP id z126so12435172itd.5
for <bitcoin-dev@lists.linuxfoundation.org>;
Sun, 31 Mar 2019 19:55:53 -0700 (PDT)
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20161025;
h=mime-version:references:in-reply-to:from:date:message-id:subject:to
:cc; bh=nix1ZPvQlRSVK1WmIDI4Uj8PDWGN2z+2wRI+ssDoY8U=;
b=koTtjHtQ6uX+SXpijJ0I1gca0YhzNpKzZMF933hV1noU22dsMYDyzFsg17bFyXo+kQ
ayMPbcUKlqpBZwyx47FApLwOs7I5C9KjbRMUMMcL92Q+vhSQiKRpERHiU+khpWEcXXPO
p7bl+MRxAX6xMGKOyMN+AAK4g+HLH0A+2CLj8+fkStINq4IkyzlfLvG8Qa9uf8sNE/Mv
OLW3KD5PQ7+bqy8EPFlg97eOjRnKPVhLybsRZVK60hvKNruu3ChJ18252ygCkozY0G+E
7+/w4Lc3YVskQJEdGTpQrDDaj09nQpS/8xT0ITgeVaI3Msciw+g9mYy4DL9dwgC8dR3J
DZkw==
X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed;
d=1e100.net; s=20161025;
h=x-gm-message-state:mime-version:references:in-reply-to:from:date
:message-id:subject:to:cc;
bh=nix1ZPvQlRSVK1WmIDI4Uj8PDWGN2z+2wRI+ssDoY8U=;
b=AgrekIW2Yx1Brq+gdMAuPZBdPW44mYnsp50PJVOusMlSX3DrW6Tzl0EDvXOLk9hCnr
oHG60GSK3ll4lAt3hvu6w3wsR0JLJjqEOU33p1AcRtu3WulzlgFhgKhkoSXNQKap2rvK
BckFD6x8afTb6bZDBjW7lEKnz97GCJMWqoHYHo9bb4Nt4UDrrEjjnrDU5x6LZP0/2g8t
HPSklXq6hQnjm2O7zJvDUm9SIKGulS81sBQPoKKTXLw+tZYsYBwSTp54BWQEa67CwbSq
O/278VnzC0H8iGSuXYuFrUcu5WpCxvJFc7qNbeNJ/j26NnA3+Xzgjf1TxjeN3UzZmNrW
kboQ==
X-Gm-Message-State: APjAAAVeSXcmYvq4kdMoVMmMFhw7aMqks8oLwD5hrBQZazhentqyDxXF
OaioyZWwd9EGcwv0tsy9BtTLjMgvL6t/82C2Xe+O5B06
X-Google-Smtp-Source: APXvYqxWUTDgEDRm8AgSC5afcXvCzGwRwxZJAQuwBFMDmT4YjEhVf8two5qdR1Zq4nsG4BGWb0iGjaANm+S6Z95i0nA=
X-Received: by 2002:a24:3c53:: with SMTP id m80mr14541214ita.102.1554087352769;
Sun, 31 Mar 2019 19:55:52 -0700 (PDT)
MIME-Version: 1.0
References: <201904010030.34825.luke@dashjr.org>
<20190401011112.6icdkyjocf4qh5oz@petertodd.org>
In-Reply-To: <20190401011112.6icdkyjocf4qh5oz@petertodd.org>
From: Omar Shibli <omarshib@gmail.com>
Date: Mon, 1 Apr 2019 05:55:41 +0300
Message-ID: <CAE3EOfgFdZUTdVW-hcxR2m5nM+GaV3R48En3_RVpN1O+rrPO6w@mail.gmail.com>
To: Peter Todd <pete@petertodd.org>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Content-Type: multipart/alternative; boundary="0000000000009ca1fc05856f2835"
X-Spam-Status: No, score=-2.0 required=5.0 tests=BAYES_00,DKIM_SIGNED,
DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, HTML_MESSAGE,
RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1
X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on
smtp1.linux-foundation.org
X-Mailman-Approved-At: Mon, 01 Apr 2019 04:22:20 +0000
Subject: Re: [bitcoin-dev] Softfork proposal for minimum price of $50k
USD/BTC
X-BeenThere: bitcoin-dev@lists.linuxfoundation.org
X-Mailman-Version: 2.1.12
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: Mon, 01 Apr 2019 02:55:53 -0000
--0000000000009ca1fc05856f2835
Content-Type: text/plain; charset="UTF-8"
Shit, so we are vulnerable today? is this zero day vulnerability? so we
could be f***** big?
On Mon, Apr 1, 2019 at 5:47 AM Peter Todd via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> On Mon, Apr 01, 2019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev
> wrote:
> > Certain parts of the community have been selling bitcoins for
> unreasonably
> > low prices. This has halted Bitcoin's valuation at $20k and even driven
> the
> > price down below $15k! However, clearly Bitcoin is worth much more than
> > that, and there is widespread support for higher prices.
> >
> > In light of this, I have written and implemented two BIPs: one to add a
> > signed price field to Bitcoin transactions, and the other to softfork a
> > minimum price of $50k USD/BTC a year from today.
>
> I believe I've found a serious vulnerability in your proposal: there's no
> limit
> on the maximum supply of USD.
>
> --
> https://petertodd.org 'peter'[:-1]@petertodd.org
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
--0000000000009ca1fc05856f2835
Content-Type: text/html; charset="UTF-8"
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div dir=3D"ltr"><div dir=3D"ltr">Shit, so we are=C2=A0vul=
nerable today? is this zero day vulnerability? so we could be f***** big?</=
div></div></div><br><div class=3D"gmail_quote"><div dir=3D"ltr" class=3D"gm=
ail_attr">On Mon, Apr 1, 2019 at 5:47 AM Peter Todd via bitcoin-dev <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.lin=
uxfoundation.org</a>> wrote:<br></div><blockquote class=3D"gmail_quote" =
style=3D"margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:s=
olid;border-left-color:rgb(204,204,204);padding-left:1ex">On Mon, Apr 01, 2=
019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev wrote:<br>
> Certain parts of the community have been selling bitcoins for unreason=
ably<br>
> low prices. This has halted Bitcoin's valuation at $20k and even d=
riven the<br>
> price down below $15k! However, clearly Bitcoin is worth much more tha=
n<br>
> that, and there is widespread support for higher prices.<br>
> <br>
> In light of this, I have written and implemented two BIPs: one to add =
a<br>
> signed price field to Bitcoin transactions, and the other to softfork =
a<br>
> minimum price of $50k USD/BTC a year from today.<br>
<br>
I believe I've found a serious vulnerability in your proposal: there=
9;s no limit<br>
on the maximum supply of USD.<br>
<br>
-- <br>
<a href=3D"https://petertodd.org" rel=3D"noreferrer" target=3D"_blank">http=
s://petertodd.org</a> 'peter'[:-1]@<a href=3D"http://petertodd.org"=
rel=3D"noreferrer" target=3D"_blank">petertodd.org</a><br>
_______________________________________________<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">=
bitcoin-dev@lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
man/listinfo/bitcoin-dev</a><br>
</blockquote></div>
--0000000000009ca1fc05856f2835--
|
