bitcoin is not build to prohibit this. but to encourage. it may have build from mostly USD direction roots. but technically it is like the principle of a template.
I did not name USD instead of GBP just because it seemed to me it will be clearer. Similarly, you cannot send USD over the bitcoin blockchain without first finding the appropriate intermediaries. It's just that there will be more intermediaries for USD, so I chose to take as an example a popular currency, for which, however, there will be fewer intermediaries.
with a tap in to oldest satoshi nakamoto addresses you can build a direct link.
basically letting the coins sit furtheron on the wallet and streaming directly usd amounts through it.
an address shown 50 bitcoins on it. gives you hence 50 usd/per second streaming buffer.
enough to build a solid running earnings environment. cause they created the todays wealth anyways.
it is just a matter of fact what outside currency to link. if we declare only 1 per such an address. we get quite a lot of currencies directly streamed through,
imagine it like its own circle of addresses. every that has 50 on it. in sub builds the outside currency core.
could optimize existing tethers too
i would do it the following way:
the appropriate central bank for the appropriate currency. gets such an address as their streaming channel contracted.
on the other side you also have a responsible guy from this core forums side. that now through him it directs into the miner next. and he mines 50 satoshi per second with that build.
this ensures. central banker has no control over more than the channel entry
bitcoin core guy has no control over more than channel output
and miner guy has no control over more than making 50 sats per second from what comes from core guy. with 30k sats and actual marketprice around 8 usd all 10 minutes. this gives the miner a constant earning for 24 hours in 1152 usd or 34560 per month (i would also say to be on the save side solid 30k per month here for him, a safety buffer of between 4 and 5k basically (where bank managers life in monthly income)).
also explains well the Bitcoins general marketprice. we get up again if such things becoming more and more implemented and better understood. could hence as explained already give a solid 30k usd per Bitcoin marketprice new groundlevel!
system only works when both 3 are willing together. principle of a triangle basically.
and with just 50 sats inside it ensures things can be balanced best.
it stands for the creator anyways, and in his understanding a coin was originally a usd and not more.
for the new coming alivee coins for that system for the miner:
make it: 30000 USD per 10 minutes as a fixed thing from the central banks side and you are good to go.
you can do the same with gbp and eur and other currencies that resonate best.
no matter what currency. it becomes: 1 satoshi per currency unit.
the more you let it flow and work that way the more central banks will having no problems. cause the system works neutral. and this helps stabilizing economies as well into building more and more also this official world core.
you still need the central banks. cause they will be responsible that we still have border thinking towards even having an understanding that different countries and nations exist.
cause if you mix too much without a border building such things. the border will cease and you loose control too much and overview for specific local areas this wouldd give chaos where order is better to keep things running.
but bitcoin ensures best balance for all nations and countries as a more and more center core thing coming to life. no longer anyone can fuck with!
maybe this way we no longer need stable coins shown cause the central banks link the usd flow directly.
looks to me no more than a framework in building time anyways. that you will later remove when your house is finished.
contract coinbase into this as well. would make most sense.
basically this coinbase transaction always shows 30k sat per block being mined as a fixed thing.
no matter if those 30k are usd, eur, gbp, swiss franc or whatever currency out there strong enough to get his own 50 bitcoin address contracted.
you do not need more.
i would suggest making greg maxwell the core guy.
he has no more interest into than accepting a flow from the central banks side through those old addresses (let the Ethereum guys figure out the fine tuning for it)
and he has no interest to think isolated like a miner.
he furthermore has the inheritance through his last name to resonate into james clerk Maxwell. a guy without a lot of calculations for electromagnetics flow would not even work today. and this makes sure a miner has its power to run his hardware!
a best solution.
let the central banker negotiate with him or if it is not working that easily. with using an ethereum guy as an intermediary for the central banks side.
greg i bet has it easier dealing with ethereum people compared to a classic central banker from a time in thinking before bitcoin even came to life. would make things easier.
from the more technical side:
(from version 0.0.8 in node.cpp became later net.cpp)
// typical socket buffer is 8K-64K
const unsigned int nBufSize = 0x10000;
now just change this buffer into 0x30000 as well
this gets you 196608 in decimal (contract this into 100k per side and use the remaining 3392 as a coder from the banks side as a deeper point to flow it through him cause this resonates into his monthly salary)
use further 0x chain to contract everything.
https://0x.org/this way you can do everything directly via using the hSocket
that leads into <winsock2.h> anyways. and this is a windows basic thing bankers have no problem to work with.
as well as
https://man7.org/linux/man-pages/man2/socket.2.html for linux
and especially use: AF_ALG Interface to kernel crypto API
via: SOCK_STREAM
et voila you have the address shown 50 bitcoins on it as your door basically to stream it through. and the amount to give the width of the stream.
basically:
banker lets flow into his 30k per 10 minute (can easily be implemented as a polled thing to contact the bitcoin network via api rpc call via pruned node, so no chain has to be saved on his side. from bitcoins side its like a pruned node contacts the network.
based on 200k on the bankers side for making the deal happen (piece of cake for him).
his tech guy makes sure it becomes 0x30000 next. by the way it gets into: 110000000000000000 in binary and this also is quite a perfect number.
cause 1 and 1 make two people using a hex value (16 zeros are perfect resonance for this) to let a usd stream buffer be run!
this is then used to be accepted by gregs side for the buffer for hSocket where it flows into next through.
and from there you give it to the miner. shown coinbase transaction block being mined with the info for 30k satoshis shown and the Root address having 50 on it (so we know what central bank it came from).
should do the job towards implementation
