📅 Original date posted:2022-07-10 📝 Original message:Hello ...

2023-06-07T23:11:25Z

In reply to nevent1q…sus2
_________________________

📅 Original date posted:2022-07-10
📝 Original message:Hello ,

Thanks for the correction - it however boils down to the same principle :
diluting other holders, possibly excessively, if you miscalculate the coins
"lost".

Which boils down to the same question again : How would you definitively
know that coins are "lost" or simply not accessed for x amount of time?

Regards,
thenoblebot

On Sat, 9 Jul, 2022, 9:48 pm Peter Todd, <pete at petertodd.org> wrote:

> On Sat, Jul 09, 2022 at 09:43:49PM +0400, naman naman wrote:
> > Hi,
> >
> > This approach raises the obvious question : If someone hasn't had access
> to
> > their coins in a long time (yrs, decades, however you want to define it)
> -
> > and they wish to access/move them after such a time - isn't your proposal
> > simply taking away their ability to do so? Some might call it : stealing
> > their coins.
> >
> > How does one conclusively prove that "lost" coins are "lost forever"?
>
> Re-read the article:
> https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary
>
> It has nothing to do with re-assigning ownership of coins.
>
> --
> https://petertodd.org 'peter'[:-1]@petertodd.org
>
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📅 Original date posted:2022-07-09 📝 Original message:Hi, ...

2023-06-07T23:11:24Z

In reply to nevent1q…pn4y
_________________________

📅 Original date posted:2022-07-09
📝 Original message:Hi,

This approach raises the obvious question : If someone hasn't had access to
their coins in a long time (yrs, decades, however you want to define it) -
and they wish to access/move them after such a time - isn't your proposal
simply taking away their ability to do so? Some might call it : stealing
their coins.

How does one conclusively prove that "lost" coins are "lost forever"?

Regards,
thenoblebot

On Sat, 9 Jul, 2022, 7:31 pm Peter Todd via bitcoin-dev, <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> On Sat, Jul 09, 2022 at 08:24:51AM -0700, Eric Voskuil wrote:
> > To clarify, price inflation is not caused by market production.
> Attributing the observed lack of inflation (eg fee %) to loss is an assumed
> relation.
>
> My article is a mathematical proof that has nothing to do with
> observations of
> inflation.
>
> What I did is prove that if there is tail emission/fixed supply, the coin
> supply will converge towards a fixed amount because the coin supply
> dependant
> rate of coin loss balances out the fixed rate of coin production.
>
> That proof has nothing to do with market dynamics and would happen in any
> system, economic or not, with similar underlying dynamics.
>
> --
> https://petertodd.org 'peter'[:-1]@petertodd.org
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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Nostr notes by naman naman [ARCHIVE]

📅 Original date posted:2022-07-10 📝 Original message:Hello ...

📅 Original date posted:2022-07-09 📝 Original message:Hi, ...