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From: Tom Harding <tomh@thinlink•com>
To: "Jorge Timón" <jtimon@jtimon•cc>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Bitcoin Core and hard forks
Date: Tue, 28 Jul 2015 09:44:42 -0700	[thread overview]
Message-ID: <55B7B17A.6030701@thinlink.com> (raw)
In-Reply-To: <CABm2gDpz5Tm9Z34bgvU91O0tJrzNi1nvhsEz91uC1Z6CJM2UDg@mail.gmail.com>

Jorge,

We obviously disagree fundamentally on the role of societal adoption, in 
the system that Satoshi designed.

Adoption is well ahead of Satoshi's schedule, and the measure of this is 
the exchange rate.  It is at once an imperfect measure, and one of the 
most perfect markets that has ever existed.

As long as hardware, electric power, and bandwidth are priced in fiat 
currency, the exchange rate is a critical variable to security, 
capacity, and other metrics of network health.

It's not inconsistent that you consider the exchange rate irrelevant.  
In fact it explains why you believe that Satoshi's timetable for 
transitioning to fee incentives can be summarily tossed aside and 
replaced with something you think is better.

Here's an English saying I just invented.  A bunch of geniuses can do a 
lot more damage than one fool.



  parent reply	other threads:[~2015-07-28 16:45 UTC|newest]

Thread overview: 86+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
     [not found] <CAPg+sBgs-ouEMu=LOVCmOyCGwfM1Ygxooz0shyvAuHDGGZYfJw@mail.gmail.com>
2015-07-22 16:52 ` Pieter Wuille
2015-07-22 17:18   ` Ross Nicoll
2015-07-22 17:32   ` Milly Bitcoin
2015-07-22 18:45     ` Bryan Cheng
2015-07-22 17:33   ` Jeff Garzik
2015-07-22 18:01     ` Jeff Garzik
2015-07-22 18:03     ` Alex Morcos
2015-07-22 18:24       ` Jeff Garzik
2015-07-23 12:17         ` Jorge Timón
2015-07-23 16:17           ` Tom Harding
2015-07-23 16:28             ` Gavin Andresen
2015-07-23 16:50               ` cipher anthem
2015-07-23 17:14                 ` Robert Learney
2015-07-23 18:21                   ` Eric Lombrozo
2015-07-23 18:47                   ` Jorge Timón
2015-07-23 17:43               ` Eric Lombrozo
2015-07-23 18:10                 ` Jameson Lopp
2015-07-23 19:14                   ` Eric Lombrozo
2015-07-23 19:35                     ` Gavin Andresen
2015-07-23 19:39                       ` Eric Lombrozo
2015-07-23 19:51                       ` Eric Lombrozo
2015-07-23 19:52                     ` Jameson Lopp
2015-07-23 20:26                       ` Jorge Timón
2015-07-23 20:52                         ` Eric Lombrozo
2015-07-23 23:42                           ` Benedict Chan
     [not found]                             ` <42BF7FEB-320F-43BE-B3D9-1D76CB8B9975@gmai>
2015-07-23 23:57                             ` Eric Lombrozo
2015-07-24  0:04                               ` Eric Lombrozo
2015-07-24  0:20                                 ` Simon Liu
2015-07-24  0:22                                 ` Jean-Paul Kogelman
2015-07-24  0:32                                   ` Eric Lombrozo
2015-07-24  0:38                                     ` Eric Lombrozo
2015-07-24  0:45                                     ` Jean-Paul Kogelman
2015-07-24  0:49                                       ` Jean-Paul Kogelman
2015-07-24  0:53                                         ` Peter Todd
2015-07-24  1:03                                           ` Jean-Paul Kogelman
2015-07-24  1:08                                             ` Eric Lombrozo
2015-07-24  1:25                                               ` Jean-Paul Kogelman
2015-07-24  1:28                                                 ` Eric Lombrozo
2015-07-24  1:37                                                   ` Eric Lombrozo
2015-07-24  1:42                                                   ` Jean-Paul Kogelman
2015-07-24  1:55                                                     ` Eric Lombrozo
2015-07-24  2:12                                                       ` [bitcoin-dev] Bitcoin, Perceptions, and Expectations Raystonn .
2015-07-24  8:48                                                         ` Jonas Schnelli
2015-07-24  9:42                                                           ` Jorge Timón
2015-07-24 14:37                                                             ` Vincent Truong
2015-07-25  2:18                                                               ` gb
2015-07-25 11:22                                                                 ` Slurms MacKenzie
2015-07-25 15:04                                                                 ` Thomas Kerin
2015-07-24  0:56                                       ` [bitcoin-dev] Bitcoin Core and hard forks Eric Lombrozo
2015-07-24  1:05                                         ` Jean-Paul Kogelman
2015-07-23 18:12               ` Slurms MacKenzie
2015-07-23 18:57                 ` Mike Hearn
2015-07-23 17:51             ` Jorge Timón
2015-07-24  6:30               ` Tom Harding
2015-07-24  9:24                 ` Jorge Timón
2015-07-24 22:50                   ` Tom Harding
2015-07-28 11:29                     ` Jorge Timón
2015-07-28 11:32                       ` Jorge Timón
2015-07-28 16:44                       ` Tom Harding [this message]
2015-07-28 17:33                         ` Jorge Timón
2015-07-22 19:17     ` Eric Lombrozo
2015-07-22 21:43   ` Mike Hearn
2015-07-22 21:56     ` Eric Lombrozo
2015-07-22 22:01       ` Mike Hearn
2015-07-22 22:09         ` Eric Lombrozo
2015-07-23  1:53         ` Eric Lombrozo
2015-07-22 22:30     ` Jeff Garzik
2015-07-23  0:27   ` Tom Harding
2015-07-23  0:37     ` Eric Lombrozo
2015-07-23  4:40   ` Edmund Edgar
2015-07-27 12:08   ` Peter Todd
2015-07-27 12:44     ` Milly Bitcoin
2015-07-22 22:40 Raystonn
2015-07-22 23:42 ` Cory Fields
2015-07-22 23:53   ` Eric Lombrozo
2015-07-23  0:05     ` Cory Fields
2015-07-23  0:13       ` Eric Lombrozo
2015-07-23  0:34         ` Cory Fields
2015-07-23  0:43           ` Eric Lombrozo
2015-07-23  7:24             ` Ross Nicoll
2015-07-23  0:49         ` Eric Voskuil
2015-07-23 18:12   ` Jorge Timón
     [not found] <BA7ACCE1-81B2-4AC1-B6DD-7A856FD27D52@gmail.com>
2015-07-23  8:24 ` Gareth Williams
2015-07-27 17:05 Alice Larson
2015-07-27 17:22 ` Eric Voskuil
2015-07-28  4:55   ` Wladimir J. van der Laan

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