From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp3.osuosl.org (smtp3.osuosl.org [IPv6:2605:bc80:3010::136]) by lists.linuxfoundation.org (Postfix) with ESMTP id 12E8BC002D for ; Wed, 20 Jul 2022 14:35:55 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp3.osuosl.org (Postfix) with ESMTP id CA0E061112 for ; Wed, 20 Jul 2022 14:35:54 +0000 (UTC) DKIM-Filter: OpenDKIM Filter v2.11.0 smtp3.osuosl.org CA0E061112 Authentication-Results: smtp3.osuosl.org; dkim=pass (2048-bit key) header.d=voskuil-org.20210112.gappssmtp.com header.i=@voskuil-org.20210112.gappssmtp.com header.a=rsa-sha256 header.s=20210112 header.b=PpSivf3X X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: -1.898 X-Spam-Level: X-Spam-Status: No, score=-1.898 tagged_above=-999 required=5 tests=[BAYES_00=-1.9, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, RCVD_IN_DNSWL_NONE=-0.0001, SPF_HELO_NONE=0.001, SPF_NONE=0.001] autolearn=ham autolearn_force=no Received: from smtp3.osuosl.org ([127.0.0.1]) by localhost (smtp3.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id GDy9SDAlgc4i for ; Wed, 20 Jul 2022 14:35:53 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.8.0 DKIM-Filter: OpenDKIM Filter v2.11.0 smtp3.osuosl.org BCF6860E34 Received: from mail-pj1-x102c.google.com (mail-pj1-x102c.google.com [IPv6:2607:f8b0:4864:20::102c]) by smtp3.osuosl.org (Postfix) with ESMTPS id BCF6860E34 for ; Wed, 20 Jul 2022 14:35:53 +0000 (UTC) Received: by mail-pj1-x102c.google.com with SMTP id t3-20020a17090a3b4300b001f21eb7e8b0so1663692pjf.1 for ; Wed, 20 Jul 2022 07:35:53 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=voskuil-org.20210112.gappssmtp.com; s=20210112; h=content-transfer-encoding:from:mime-version:subject:date:message-id :references:in-reply-to:to; bh=TfM9RaqcY2JvXWrgh7f3tCx4/RzhcCEW+HYOjjAT8d0=; b=PpSivf3XcqDn7+YzxRuHZ5Z+LEq0NeLimgMFiioels6d9Z76IgkJGhSGpZZqTN6jvl OculIBjQJxOkK7Pno1XXzLLh+xzq1L6bgbGHg3bIJ6/giOWst7xYbaM0Wl34MoP+umiA S3sD3QVOJikB7BGo0FfnJIc2UhX0vnc1rmd/KYQAEC23grRnxzo8WVjab9H1dR8qoRxY EbQVvkBTNpmwVDztNo0RC8s6dQPIulRq00LDlV7+urrN47+apQjKOtorjqYhqN4Yjlm3 lbLq5JDgmj5Hlx/j1k3WKyd9+ZEYzjA8Et8awcLiDU6vhY0rqrbGz3ajrj4uSnvezgIY Bb6g== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20210112; h=x-gm-message-state:content-transfer-encoding:from:mime-version :subject:date:message-id:references:in-reply-to:to; bh=TfM9RaqcY2JvXWrgh7f3tCx4/RzhcCEW+HYOjjAT8d0=; b=pS1sh8HxUO1V0oEaQOrUjA9O6gpKM0JXBh8+h6/oLIHJxUQxq+sr4PL4YZL80N6VSO OuXShgZlV2/QgbiLwq9jYGSJ/waBxA2Te2ItjcL7WmYmfZ10BE3SYSX3XqRP0XQBCwXh jAYjTaGhEJo75yv6mhfmcM7JEIus3X6tUSKZ/72NxX/ZBG95RiRLfOqGuc/oDahZpi+N u/DIFMiN3y3Cz468UJ80z5XAk6Y7HUftlW5exVw+mPVg0Nm+kRO+Aju/l+8Mn9mdZjR0 NEtzrbx6IQusGmPbEHcDE3bcIy+8Jywq/G4qTumFyMq8G1IMr7d32KU7tzT6MOEYJlb0 AEEw== X-Gm-Message-State: AJIora/RjCrAWtBHqWQ+9OB7XX79NVsJp0nu0reXb4jQsRsuhk0EVNC3 x9WEn0VAWjuhCmgTDflmjSrgBk0CZZGYAQ== X-Google-Smtp-Source: AGRyM1uNVBljJBkR67kY9wFWxdfxDUjp2OY27zM1IyAtsz+5D7Nwi+u98VrMhiMvajs3H8xH8FXJPg== X-Received: by 2002:a17:902:d2ce:b0:16d:1b07:eea8 with SMTP id n14-20020a170902d2ce00b0016d1b07eea8mr5947746plc.125.1658327753063; Wed, 20 Jul 2022 07:35:53 -0700 (PDT) Received: from smtpclient.apple ([50.35.67.197]) by smtp.gmail.com with ESMTPSA id t9-20020a1709027fc900b0016bf4428586sm13954275plb.208.2022.07.20.07.35.52 (version=TLS1_3 cipher=TLS_AES_128_GCM_SHA256 bits=128/128); Wed, 20 Jul 2022 07:35:52 -0700 (PDT) Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable From: Eric Voskuil Mime-Version: 1.0 (1.0) Date: Wed, 20 Jul 2022 07:35:52 -0700 Message-Id: <34B2476E-E980-4C5F-AD5C-C3A661A412A4@voskuil.org> References: In-Reply-To: To: Peter , Bitcoin Protocol Discussion X-Mailer: iPhone Mail (19F77) Subject: Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Wed, 20 Jul 2022 14:35:55 -0000 If there=E2=80=99s no block reward, there=E2=80=99s no Bitcoin, so that=E2=80= =99s moot. But setting that aside. The business model of the state is to pre= serve the reward it obtains from its own money. This is the reason for curre= ncy controls, which are common. e > On Jul 20, 2022, at 03:17, Peter via bitcoin-dev wrote: >=20 > =EF=BB=BF>And therefore this reduces to the simple fact that tx fees are w= hat provides censorship resistance, whether you mine your own or others?. >=20 >=20 > What's the business model of the person who mines with the intention to ce= nsor transactions when there's no block reward? >=20 >=20 >=20 > Regards >=20 > Peter Kroll >=20 > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev