rich1.0npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mhttps://nostr.ae/npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mnjumphttps://nostr.ae📅 Original date posted:2014-04-24 📝 Original message:-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 04/24/2014 03:37 PM, Jorge Timón wrote: The 21 million bitcoin limit is not important because of its exact value, nor is it important because Satoshi picked it. The 21 million limit is important because users hold bitcoin based on the promise that the block reward will never be adjusted ex post facto. The behavior users are relying on is "The bitcoins you hold are forever a calculable fraction of all the bitcoins that will ever be issued." That's what bitcoin holders agreed to, and that's what can never be changed. The fact that the number is arbitrary is not relevant. We can agree to meet for lunch at some arbitrarily chosen time, and the fact that the time was chosen arbitrary in no way means that one party arbitrarily choosing not to show up doesn't break the agreement. - -- Support online privacy by using email encryption whenever possible. Learn how here: http://www.youtube.com/watch?v=bakOKJFtB-k -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.22 (GNU/Linux) Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQEcBAEBAgAGBQJTWUTWAAoJECoisBQbQ4v0JiwIALQtf4GrNaIdEidJr+f3z8G3 smDgU5xXhN4+1Eo5xU/ZmQy03tU5E00/PRiMTHz1RNXeO+w/iu4PlAJN7pk5oy75 QzDtaCzDjKMCN+1PCQ5VNCL04ws8JifU6QLxSgXgsShBnv19FlxiejgvjNWg+Lzc uHxyP0PlvfF5BWTiEV68KYcfQPbamOH7Vb8v4tQ4/j/ioA7mYso+Q0jX0Y4ae1FN XNs4KnTsIFTsXWzBIYFlFPwQ5d+mdG84W7FpmwwcXaRWQxMwdJq8QjlUuFng439B 6OgQqtq4wmvwoPjKS5nOesfdrdH9Scx2zg6uwhaY0zKMtPW/CEzzLFUfq+cZ6q0= =r+t0 -----END PGP SIGNATURE----- -------------- next part -------------- A non-text attachment was scrubbed... Name: 0x1B438BF4.asc Type: application/pgp-keys Size: 21191 bytes Desc: not available URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140424/6283c3e0/attachment.bin>