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From: Erik Aronesty <erik@q32.com>
Date: Mon, 18 Jul 2022 15:14:15 -0400
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To: "David A. Harding" <dave@dtrt.org>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary
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>
>
> subsidy to directly tie miner revenue to the total value of Bitcoin
> makes it not exactly how we want to incentivise a service that keeps
>
>
again, this is meaningless. if the fees aren't enough to keep bitcoin
secure for large transactions, then large holders are incentivised to mine
that's it.
it's not complicated
--00000000000026228605e4192d41
Content-Type: text/html; charset="UTF-8"
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div class=3D"gmail_quote"><blockquote class=3D"gmail_quot=
e" style=3D"margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204)=
;padding-left:1ex"><br>subsidy to directly tie miner revenue to the total v=
alue of Bitcoin <br>
makes it not exactly how we want to incentivise a service that keeps <br><b=
r></blockquote><div><br></div><div>again, this is meaningless.=C2=A0 =C2=A0=
if the fees aren't enough=C2=A0to keep=C2=A0 bitcoin secure for large t=
ransactions, then large holders are incentivised to mine</div><div><br></di=
v><div>that's it.</div><div><br></div><div>it's not complicated</di=
v></div></div>
--00000000000026228605e4192d41--
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