bitcoin tinfoil-hattery
Cathal Garvey
cathalgarvey at cathalgarvey.me
Thu Jan 15 03:26:22 PST 2015
> 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.
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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