bitcoin tinfoil-hattery
Juan
juan.g71 at gmail.com
Thu Jan 15 09:52:22 PST 2015
On Thu, 15 Jan 2015 11:26:22 +0000
Cathal Garvey <cathalgarvey at cathalgarvey.me> wrote:
> > A couple of those coins have ongoing block rewards that never
> > drop to zero, or proof-of stake, so there's not really a hard
> > limit. And then there are non-obvious bugs that can blow up..
>
> To a libertarian, inflation is a "bug", but not necessarily to
> others.
LMAO!!!!
Of course. To a parasite, the ability to steal isn't a 'bug'
but a feature.
> Models that allow infinite inflation over a long time-period
> are different economic models, rather than badly implemented
> crypto-code.
>
> Personally, I think inherently deflationary is a bad economic model,
> so I'd be more inclined towards an inflationary currency.
>
> On 15/01/15 04:24, Troy Benjegerdes wrote:
> > On Wed, Jan 14, 2015 at 10:46:40PM -0500, dan at geer.org wrote:
> >> > Plausibility on a scale of 1-5 .. I say 4, what say you all?
> >>
> >> When trying to execute a pump&dump scheme, it is more effective
> >> to attack something thinly traded, assuming, of course, that there
> >> are enough marks available to fleece. In other words, pick a
> >> different coin:
> >>
> >> http://alt19.com/19/cryptocurrency.php
> >>
> >>
> >> --dan
> >>
> >
> > Interesting, what do they mean by 'capitalization hard limit'
> >
> > A couple of those coins have ongoing block rewards that never
> > drop to zero, or proof-of stake, so there's not really a hard
> > limit. And then there are non-obvious bugs that can blow up..
> >
> > And it's rather important to read the code and not the coins
> > marketing. Some of this stuff is kinda hilarious
> >
> > https://github.com/fourtytwo42/42/blob/master/src/main.cpp#L835
> >
>
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