Why Nostr? What is Njump?
2023-06-07 23:11:38

Eric Voskuil [ARCHIVE] on Nostr: 📅 Original date posted:2022-07-20 📝 Original message:If there’s no block ...

đź“… Original date posted:2022-07-20
📝 Original message:If there’s no block reward, there’s no Bitcoin, so that’s moot. But setting that aside. The business model of the state is to preserve the reward it obtains from its own money. This is the reason for currency controls, which are common.

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> On Jul 20, 2022, at 03:17, Peter via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> >And therefore this reduces to the simple fact that tx fees are what provides censorship resistance, whether you mine your own or others?.
>
>
> What's the business model of the person who mines with the intention to censor transactions when there's no block reward?
>
>
>
> Regards
>
> Peter Kroll
>
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> bitcoin-dev at lists.linuxfoundation.org
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Author Public Key
npub1sgs97fe0n9wehe6zw7drcxdz4cy9yt9pfqjv8gasz5jlk4zezc0quppx3c