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21 sats \ 1 reply \ @jk_14 14 Dec 2022 \ parent \ on: Is burning bitcoin bad? bitcoin
I may agree a bit with space heater thread.
But "altruistic mining" is quite naive approach, unfortunately.
There is no such thing as Game Theory suspension. Without tail emission we will the have textbook example of "Let Microstrategy Run Antminers" prisoner's dilemma... (while "demurrage solution" - is not the right answer, because we are still before "hyperbitcoinization")
I hope you understand that Bitcoin would miserably fail if funded by Satoshi Nakamoto on altruistic mining, instead of "greedy mining".
Check these links for more:
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-August/020854.html https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-August/020858.html https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-August/020860.html https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-August/020864.html
https://old.reddit.com/r/Bitcoin/comments/xbiwli/let_microstrategy_run_antminers/
That's fair.
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