{"type":"rich","version":"1.0","title":"naman naman [ARCHIVE] wrote","author_name":"naman naman [ARCHIVE] (npub170…0rw80)","author_url":"https://yabu.me/npub170nq032tl9edal23vwpkv44m6l02qw5m2q8qv9j6jn0urdssadlqr0rw80","provider_name":"njump","provider_url":"https://yabu.me","html":"📅 Original date posted:2022-07-09\n📝 Original message:Hi,\n\nThis approach raises the obvious question : If someone hasn't had access to\ntheir coins in a long time (yrs, decades, however you want to define it) -\nand they wish to access/move them after such a time - isn't your proposal\nsimply taking away their ability to do so? Some might call it : stealing\ntheir coins.\n\nHow does one conclusively prove that \"lost\" coins are \"lost forever\"?\n\nRegards,\nthenoblebot\n\nOn Sat, 9 Jul, 2022, 7:31 pm Peter Todd via bitcoin-dev, \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e On Sat, Jul 09, 2022 at 08:24:51AM -0700, Eric Voskuil wrote:\n\u003e \u003e To clarify, price inflation is not caused by market production.\n\u003e Attributing the observed lack of inflation (eg fee %) to loss is an assumed\n\u003e relation.\n\u003e\n\u003e My article is a mathematical proof that has nothing to do with\n\u003e observations of\n\u003e inflation.\n\u003e\n\u003e What I did is prove that if there is tail emission/fixed supply, the coin\n\u003e supply will converge towards a fixed amount because the coin supply\n\u003e dependant\n\u003e rate of coin loss balances out the fixed rate of coin production.\n\u003e\n\u003e That proof has nothing to do with market dynamics and would happen in any\n\u003e system, economic or not, with similar underlying dynamics.\n\u003e\n\u003e --\n\u003e https://petertodd.org 'peter'[:-1]@petertodd.org\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220709/a7a6735f/attachment.html\u003e"}