0 sats \ 3 replies \ @denzel 12 Jan \ on: Did you know Bitcoin Core did not initially have a 21M cap limit? bitcoin
In the whitepaper
  1. Incentive ...Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.
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0 sats \ 2 replies \ @denzel 12 Jan
So basically Pieter Wuille the author of BIP-0042 didn't properly understand Satoshi's intent. And wrote that BIP in 2014.
I think the line I copy pasted from the whitepaper, make it clear that Satoshi did propose that that in the whitepaper.
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702 sats \ 1 reply \ @denzel 12 Jan
Ah! I didn't read the 1st of April joke part.
Apparently I always feel other people don't read and it is actually me who does not read.
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741 sats \ 0 replies \ @raw_avocado OP 12 Jan
We know for a fact Satoshis wanted 21m, and this was a bug. Even though "Satoshi wanted" arguments are irrelevant.
Even though the BIP has a jokeish tone, it really was merged and is in Bitcoin Core.
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