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I was thinking about the security budget debate which pops up from time to time, and obviously some Bitcoiners have suggested the use of tail emissions in the future to incentivize miners as block rewards diminish.
But could there be a way for Bitcoiners to plan the inheritance of their sats, whereby they provide for their family and also contribute some of their stack, to be 'donated' to a miner fund somehow.
Thereby creating a circulation movement of the same 21 million and as each generation passes through a segment of their stack is given back for the benefit of the network.
There has been some noise about prominent Bitcoiners burning their keys to benefit the network by reducing the supply, but could there be a way of almost washing the same 21M around the network, over and over.
I'm sure this breaks many concensus rules and would need a fork of some sort.
Also the miner fund would be a honeypot single point of failure, so would need a Satoshi level of thinking.
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21 sats \ 0 replies \ @OT 14 Oct
Michael Dunworth has time locked half a Bitcoin for over 100 years and has revealed the private key. He talks about it in this piece.
I'm not sure if it's a good idea but just to entertain the idea you could do something similar by time locking sats to be released at a certain block height.
I personally think its too far away. Bitcoin is changing fast. What it looks like in 20 years could be completely different to what we experience today.
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I would hash unprofitably to help defend the network and I think many others would including corporations and nation states. Think of it as a type of insurance. You insure your house against fire.
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