Subject: Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary

From: Eric Voskuil <[email-masked]>
Date: Wed, 20 Jul 2022 07:35:52 -0700

If there’s no block reward, there’s no Bitcoin, so that’s moot. But setting that aside. The business model of the state is to preserve the reward it obtains from its own money. This is the reason for currency controls, which are common.

e

> On Jul 20, 2022, at 03:17, Peter via bitcoin-dev <[email-masked]> wrote:
> 
> >And therefore this reduces to the simple fact that tx fees are what provides censorship resistance, whether you mine your own or others?.
> 
> 
> What's the business model of the person who mines with the intention to censor transactions when there's no block reward?
> 
> 
> 
> Regards
> 
> Peter Kroll
> 
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