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Question: what kind of supply you would be agree with?
21 million - 19 (95%)
up to 42 million - 0 (0%)
more than 42 million but w/ hard limit - 0 (0%)
unlimited w/ 1% inflation - 1 (5%)
up to 2% inflation - 0 (0%)
more than 3% inflation - 0 (0%)
other. - 0 (0%)
Total Voters: 20

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Author Topic: bitcoin supply discussion/suggestion  (Read 1198 times)
Lauda
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August 13, 2015, 12:52:57 PM
 #21

yes.  unfortunately it is not a joke.  that is a great feature for xt and they actually have discussed it.  i can't find the quote but hearn has spoken of increasing the supply in order to keep mining going with the zero fee initiative.
The problem is that people aren't seeing this. I would definitely like to see the block size increased but not with Bitcoin XT, and not like this.
Hearns intentions are not pure and increasing the supply would damage Bitcoin beyond repair.

There is no problem with Bitcoin's supply.
I concur.

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Scaccomatt0
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August 14, 2015, 04:06:32 PM
 #22

the supply number makes no difference. If we have 21m, 42m, 50t btc, nothing change but the value.

The supply limit must not change. The only thing that will change is the price.

       


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mrbrt
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August 14, 2015, 04:31:14 PM
 #23

yes.  unfortunately it is not a joke.  that is a great feature for xt and they actually have discussed it.  i can't find the quote but hearn has spoken of increasing the supply in order to keep mining going with the zero fee initiative.
The problem is that people aren't seeing this. I would definitely like to see the block size increased but not with Bitcoin XT, and not like this.
Hearns intentions are not pure and increasing the supply would damage Bitcoin beyond repair.


You could also say that increasing the block size, which would further centralize the network, would damage bitcoin beyond repair.
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August 14, 2015, 04:50:37 PM
 #24

... i would suggest to terminate the hard limit of possible supply and fix the 1% minimum inflation, why? ...

There have been hundreds, if not thousands of posts, just like this one and the answer has always been that you are looking for a solution to something to a non-problem.

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