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
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
>
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-devPublished at
2023-06-07 23:11:38Event JSON
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"content": "📅 Original date posted:2022-07-20\n📝 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.\n\ne\n\n\u003e On Jul 20, 2022, at 03:17, Peter via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \n\u003e \u003eAnd therefore this reduces to the simple fact that tx fees are what provides censorship resistance, whether you mine your own or others?.\n\u003e \n\u003e \n\u003e What's the business model of the person who mines with the intention to censor transactions when there's no block reward?\n\u003e \n\u003e \n\u003e \n\u003e Regards\n\u003e \n\u003e Peter Kroll\n\u003e \n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev",
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