From: Francis Pouliot <francis@satoshiportal•com>
To: Bitcoin Development Mailing List <bitcoindev@googlegroups.com>
Subject: [bitcoindev] Re: Introducing Hourglass
Date: Fri, 2 May 2025 08:45:28 -0700 (PDT) [thread overview]
Message-ID: <c4094fa8-8ec0-411c-8a67-80b8fc6282fdn@googlegroups.com> (raw)
In-Reply-To: <db3d0ec4-90b8-44a4-b912-b98ec9083b10n@googlegroups.com>
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Concept NACK.
1.7 million Bitcoin represents possibly about 1 week of global trading
volumes. Even assuming it is 1-2 months of trading volumes, the market can
absorb.
Trying to manage the Bitcoin price via spending restrictions is a terrible
idea.
In any case, the Bitcoin price routinely drops by upwards of 85%. It is not
a security concern. Price volatility is not a security.
On Tuesday, April 29, 2025 at 5:08:16 PM UTC-6 Hunter Beast wrote:
> This is a proposal to mitigate against potential mass liquidation of P2PK
> funds. The specification is pretty simple, but the motivation and
> justification for it is a bit longer.
>
> https://github.com/cryptoquick/bips/blob/hourglass/bip-hourglass.mediawiki
>
> Feedback welcome!
>
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prev parent reply other threads:[~2025-05-03 11:55 UTC|newest]
Thread overview: 7+ messages / expand[flat|nested] mbox.gz Atom feed top
2025-04-29 22:38 [bitcoindev] " Hunter Beast
2025-04-30 3:01 ` [bitcoindev] " Michael Tidwell
2025-05-01 11:38 ` Jameson Lopp
2025-05-01 17:38 ` Nagaev Boris
2025-05-01 18:23 ` Agustin Cruz
2025-05-02 13:58 ` Saint Wenhao
2025-05-02 15:45 ` Francis Pouliot [this message]
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