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@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@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >
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