📅 Original date posted:2015-05-08
📝 Original message:On Wednesday 6. May 2015 21.49.52 Peter Todd wrote:
> I'm not sure if you've seen this, but a good paper on this topic was
> published recently: "The Economics of Bitcoin Transaction Fees"
The obvious flaw in this paper is that it talks about a block size in todays
(trivial) data-flow economy and compares it with the zero-reward situation
decades from now.
Its comparing two things that will never exist at the same time (unless
Bitcoin fails).
--
Thomas Zander
Thomas Zander [ARCHIVE] /
npub1du…vyg93
2023-06-07 15:33:05
in reply to nevent1q…jvax
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93Published at
2023-06-07 15:33:05Event JSON
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"content": "📅 Original date posted:2015-05-08\n📝 Original message:On Wednesday 6. May 2015 21.49.52 Peter Todd wrote:\n\u003e I'm not sure if you've seen this, but a good paper on this topic was\n\u003e published recently: \"The Economics of Bitcoin Transaction Fees\"\n\n\nThe obvious flaw in this paper is that it talks about a block size in todays \n(trivial) data-flow economy and compares it with the zero-reward situation \ndecades from now.\n\nIts comparing two things that will never exist at the same time (unless \nBitcoin fails).\n-- \nThomas Zander",
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