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Author Topic: Incentive to have most of your bitcoins in a single address? Did Satoshi think?  (Read 941 times)
remotemass (OP)
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March 19, 2014, 06:24:44 PM
 #1

Can you think of anything that could have made Satoshi hardcode a great incentive to have all your coins in a single address and/or have the address with most coins of all?
Would we hoard more coins if there was such an incentive?

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
bl0ckchain
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March 19, 2014, 10:13:19 PM
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Can you think of anything that could have made Satoshi hardcode a great incentive to have all your coins in a single address and/or have the address with most coins of all?
Would we hoard more coins if there was such an incentive?

I think Satoshi was all about freedom and choice not limitation and restriction.
HorseCoin
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March 19, 2014, 10:15:02 PM
Last edit: March 20, 2014, 12:29:10 AM by HorseCoin
 #3

when i mined blocks back in the day, i assigned a hash to each so they can all be transformed into 12.5 BTC easily (by calculating mersenne primes in the future, and then horse battering it back to the past)
Soros Shorts
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March 19, 2014, 11:16:50 PM
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Would we hoard more coins if there was such an incentive?

On the flip side of the coin there is the issue of privacy and security. Having too many BTC in one address is just asking for trouble and unwanted attention. The incentive would need to more than compensate this drawback.
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