š
Original date posted:2019-03-31
š Original message:On Mon, Apr 01, 2019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev wrote:
> Certain parts of the community have been selling bitcoins for unreasonably
> low prices. This has halted Bitcoin's valuation at $20k and even driven the
> price down below $15k! However, clearly Bitcoin is worth much more than
> that, and there is widespread support for higher prices.
>
> In light of this, I have written and implemented two BIPs: one to add a
> signed price field to Bitcoin transactions, and the other to softfork a
> minimum price of $50k USD/BTC a year from today.
I believe I've found a serious vulnerability in your proposal: there's no limit
on the maximum supply of USD.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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Peter Todd [ARCHIVE] /
npub1m2ā¦a2np2
2023-06-07 18:17:16
in reply to nevent1qā¦v0ud
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2Published at
2023-06-07 18:17:16Event JSON
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Original date posted:2019-03-31\nš Original message:On Mon, Apr 01, 2019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev wrote:\n\u003e Certain parts of the community have been selling bitcoins for unreasonably\n\u003e low prices. This has halted Bitcoin's valuation at $20k and even driven the\n\u003e price down below $15k! However, clearly Bitcoin is worth much more than\n\u003e that, and there is widespread support for higher prices.\n\u003e \n\u003e In light of this, I have written and implemented two BIPs: one to add a\n\u003e signed price field to Bitcoin transactions, and the other to softfork a\n\u003e minimum price of $50k USD/BTC a year from today.\n\nI believe I've found a serious vulnerability in your proposal: there's no limit\non the maximum supply of USD.\n\n-- \nhttps://petertodd.org 'peter'[:-1]@petertodd.org\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 488 bytes\nDesc: not available\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20190331/22f5e18a/attachment.sig\u003e",
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