Re: [Bitcoin-development] Finite monetary supply for Bitcoin

[Matt Corallo <bitcoin-list@bluematt.me>]

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I disagree with this proposal both in spirit and in practice.

We all know satoshi was the best programmer like no one ever was. Clearly he intended this monetary supply from the beginning, who are we but mere mortals to go against satoshi's will?

Also, should we really do this with a soft fork when we can take this opportunity to redesign the whole system with a hard fork? This is out chance to switch to a whole new script engine!

Matt

On April 1, 2014 3:00:07 PM EDT, Pieter Wuille <pieter.wuille@gmail.com> wrote:
>Hi all,
>
>I understand this is a controversial proposal, but bear with me please.
>
>I believe we cannot accept the current subsidy schedule anymore, so I
>wrote a small draft BIP with a proposal to turn Bitcoin into a
>limited-supply currency. Dogecoin has already shown how easy such
>changes are, so I consider this a worthwhile idea to be explored.
>
>The text can be found here: https://gist.github.com/sipa/9920696
>
>Please comment!
>
>Thanks,
>
>-- 
>Pieter
>
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