Bitcoin Forum
April 30, 2017, 10:43:42 PM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: Limited coins and hoarding  (Read 8148 times)
Etlase2
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 10, 2011, 02:43:39 AM
 #141

Well, the last time you responded to anything about it was on revision 2 before I had really laid down the foundation.

"I won't fault you for trying, but I can't agree that artificial attempts to suppress the cost/value of coin creation are worthwhile."

That was what you responded with in a PM, I don't remember what I said originally or how I responded, but it is a statement borne on the back of bitcoin's monetary policy without understanding mine. Status quo bias, et al. I believe you are the one that politely refused to consider. Even calling it artificial, as if bitcoin's monetary policy is anything but.

1493592222
Hero Member
*
Offline Offline

Posts: 1493592222

View Profile Personal Message (Offline)

Ignore
1493592222
Reply with quote  #2

1493592222
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1493592222
Hero Member
*
Offline Offline

Posts: 1493592222

View Profile Personal Message (Offline)

Ignore
1493592222
Reply with quote  #2

1493592222
Report to moderator
1493592222
Hero Member
*
Offline Offline

Posts: 1493592222

View Profile Personal Message (Offline)

Ignore
1493592222
Reply with quote  #2

1493592222
Report to moderator
1493592222
Hero Member
*
Offline Offline

Posts: 1493592222

View Profile Personal Message (Offline)

Ignore
1493592222
Reply with quote  #2

1493592222
Report to moderator
bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
November 10, 2011, 06:18:29 PM
 #142

I wish this would work but you just cannot control the market like you want to. Take a look at RS and his bait and switch methods for 32->5 SC reward drop. Price is 0.009 now but still hashrate is declined and less profitable than before etc.
jtimon
Legendary
*
Offline Offline

Activity: 1344


View Profile WWW
November 14, 2011, 08:54:17 AM
 #143

The natural way to do P2P currency expansion is to award new coins proportionately to those who hold existing coins. Duh.

I advocate demurrage to discourage hoarding. How a positive interest in accounts can discourage hoarding?

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!