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From: Erik Aronesty <erik@q32•com>
To: Billy Tetrud <billy.tetrud@gmail•com>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Bitcoin covenants are inevitable
Date: Thu, 30 Jun 2022 13:04:50 -0400	[thread overview]
Message-ID: <CAJowKgJnGzRxm5QjDB0RzTA80jQLo7rBKgM+M-V1y7-QeOYucw@mail.gmail.com> (raw)
In-Reply-To: <CAGpPWDb=dF4-D5GKb2NoEcdW6TokNQyrwpGVwHJk+0HL43+J1Q@mail.gmail.com>

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>
> Anyway, demurrage and inflation have identical economic properties. They're
>> both a tax on savings. The only difference is the way that tax is
>> implemented.
>
>
the fact that a conversation on inflation is continuing without being
ignored is probably an indicator that the utility of on-chain services as
an incentive to drive fees is a worthwhile consideration.  i especially
like the proposed and very simple on-chain "payment codes" idea, for
example.   if a light-touch is used, bitcoin operators can thread the
needle allowing utility to grow a bit in response to halvings.  i suspect
lightning ate a lot of the on-chain fees.   future "compression and
privacy" protocols, like mweb, should keep this concern in mind.

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  parent reply	other threads:[~2022-06-30 17:05 UTC|newest]

Thread overview: 55+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
     [not found] <mailman.9.1654344003.14400.bitcoin-dev@lists.linuxfoundation.org>
2022-06-04 12:27 ` John Carvalho
2022-06-04 13:48   ` Keagan McClelland
2022-06-04 16:12   ` alicexbt
2022-06-06 13:02   ` Erik Aronesty
2022-06-12  3:36     ` Peter Todd
2022-06-12 13:02       ` Erik Aronesty
2022-06-12 16:35         ` Corey Haddad
2022-06-12 19:16       ` alicexbt
2022-06-19 10:31         ` Peter Todd
2022-06-19 15:54           ` Manuel Costa
2022-06-19 18:26             ` Kate Salazar
2022-06-19 22:35             ` Erik Aronesty
2022-06-21 19:00               ` Keagan McClelland
2022-06-21 20:10                 ` Eric Voskuil
2022-06-23 19:17                 ` Peter Todd
2022-06-28  3:55                   ` Billy Tetrud
2022-06-28 16:23                     ` Alex Lee
2022-06-28 23:22                       ` Peter Todd
2022-06-29  5:02                         ` Alex Lee
2022-06-28 23:20                     ` Peter Todd
2022-06-29 10:44                     ` Kate Salazar
2022-06-30 15:25                       ` Billy Tetrud
2022-07-03  9:43                       ` Peter Todd
2022-07-03 10:30                         ` Giuseppe B
2022-07-06  4:28                           ` Corey Haddad
2022-07-06 11:10                             ` vjudeu
2022-07-07  0:46                               ` Billy Tetrud
2022-07-07 12:15                                 ` vjudeu
2022-07-07 14:05                                 ` Erik Aronesty
2022-07-07 14:10                               ` Giuseppe B
2022-07-08  5:03                                 ` Billy Tetrud
2022-06-30 17:04                     ` Erik Aronesty [this message]
     [not found] <mailman.9.1657195203.20624.bitcoin-dev@lists.linuxfoundation.org>
2022-07-07 13:24 ` John Carvalho
2022-07-07 14:12   ` Peter Todd
2022-07-07 16:24     ` Eric Voskuil
2022-07-07 17:37       ` Erik Aronesty
2022-07-07 19:57         ` Eric Voskuil
2022-07-07 21:11           ` Erik Aronesty
2022-07-08  0:28             ` Eric Voskuil
2022-07-08  4:59               ` vjudeu
2022-07-08  7:26                 ` John Carvalho
2022-07-08 15:14               ` Erik Aronesty
2022-07-14  4:55                 ` Billy Tetrud
2022-07-07 22:06     ` Anthony Towns
2022-07-07 22:02   ` Corey Haddad
2022-06-03 18:39 alicexbt
2022-06-04  0:29 ` micaroni
2022-06-04 18:43 ` Jorge Timón
2022-06-05  4:18   ` alicexbt
2022-06-08  3:51     ` Billy Tetrud
2022-06-08  9:22       ` Jorge Timón
2022-06-09  4:30         ` Billy Tetrud
2022-06-09  0:03     ` Ryan Grant
2022-07-19  4:44 ` Anthony Towns
2022-07-19 14:46   ` alicexbt

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