On Fri, 18 Aug 2017 19:55:10 +0300 Georgi Guninski <gunin...@guninski.com> wrote:
> On Fri, Aug 18, 2017 at 09:29:54AM -0500, Steven Schear wrote: > > original) and Cash. When the fork happened those holding BTC (in > > their own wallets) were also able to claim an equal amount of BCC > > (for free). This created a huge supply of BCC. However, many or > > most people rarely keep > > Isn't this setting a very dangerous precedent of doubling bitcoin + > derivatives? bch isn't the first bitcoin clone out there, you know...(or maybe you don't?) > One of the things I liked most in the btc design was its > resemblance of the gold standard -- the maximum amount of btc was > known and fixed. the maximum amount of btc is still known and fixed... > Now they are violating this by creating > "derivatives" No 'they' aren't, whoever 'they' are. > out of nothing like the fucked up real world financial > system. Hypothetically if in the future they fork $n$ times, they > will increase the amount of btc + derivatives by factor of $2^n$. > > Currently I recommend to the btc overlords in future forks to keep the > amount of btc + derivatives fixed, possibly by choose ``old XOR new > btc''. >