š
Original date posted:2022-07-12
š Original message:>
> we can expect mining to transition to a public service from the current
> for-profit business model
>
I get it now
Game theory would predict all of the major players mining in the future
will be large holders
If you're holding a hundred Bitcoin you should take one, sell it for mining
equipment and use it to ensure the rest is stable
I guess that's perfectly reasonable
Yeah I'm on board with the idea that this is a non-issue
Interested parties will continue to maintain the security of the chain with
the same basic game theoretic stuff
Bitcoin doesn't need a security budget
Existing holders have the ability the means and the incentive to secure
their funds
Probably the only thing Bitcoiners should do is to advertise this rather
than to make it some sort of secret
>
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Erik Aronesty [ARCHIVE] /
npub1y2ā¦5taj0
2023-06-07 23:11:46
in reply to nevent1qā¦4leh
Author Public Key
npub1y22yec0znyzw8qndy5qn5c2wgejkj0k9zsqra7kvrd6cd6896z4qm5taj0Published at
2023-06-07 23:11:46Event JSON
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Original date posted:2022-07-12\nš Original message:\u003e\n\u003e we can expect mining to transition to a public service from the current\n\u003e for-profit business model\n\u003e\n\nI get it now\n\nGame theory would predict all of the major players mining in the future\nwill be large holders\n\nIf you're holding a hundred Bitcoin you should take one, sell it for mining\nequipment and use it to ensure the rest is stable\n\nI guess that's perfectly reasonable\n\nYeah I'm on board with the idea that this is a non-issue\n\nInterested parties will continue to maintain the security of the chain with\nthe same basic game theoretic stuff\n\nBitcoin doesn't need a security budget\n\nExisting holders have the ability the means and the incentive to secure\ntheir funds\n\nProbably the only thing Bitcoiners should do is to advertise this rather\nthan to make it some sort of secret\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220712/df4c711e/attachment.html\u003e",
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