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[2607:f8b0:4864:20::529]) by gmr-mx.google.com with ESMTPS id d2e1a72fcca58-7106ed4d4b9si37470b3a.5.2024.08.01.14.59.35 for (version=TLS1_3 cipher=TLS_AES_128_GCM_SHA256 bits=128/128); Thu, 01 Aug 2024 14:59:35 -0700 (PDT) Received-SPF: pass (google.com: domain of jose.edil@gmail.com designates 2607:f8b0:4864:20::529 as permitted sender) client-ip=2607:f8b0:4864:20::529; Received: by mail-pg1-x529.google.com with SMTP id 41be03b00d2f7-7a263f6439eso4465242a12.3 for ; Thu, 01 Aug 2024 14:59:35 -0700 (PDT) X-Received: by 2002:a05:6a20:918c:b0:1c0:bd9c:adf with SMTP id adf61e73a8af0-1c699616e6cmr2347431637.50.1722549573427; Thu, 01 Aug 2024 14:59:33 -0700 (PDT) Received: from smtpclient.apple ([177.100.160.252]) by smtp.gmail.com with ESMTPSA id d2e1a72fcca58-7106ec41240sm289674b3a.52.2024.08.01.14.59.32 (version=TLS1_3 cipher=TLS_AES_128_GCM_SHA256 bits=128/128); Thu, 01 Aug 2024 14:59:32 -0700 (PDT) Content-Type: multipart/alternative; boundary=Apple-Mail-6173EEFD-076B-4AB8-90BE-B7D4E962EC54 Content-Transfer-Encoding: 7bit From: =?utf-8?Q?Jos=C3=A9_Edil_Guimar=C3=A3es_de_Medeiros?= Mime-Version: 1.0 (1.0) Subject: Re: [bitcoindev] HODL Tax Proposal Date: Thu, 1 Aug 2024 18:59:18 -0300 Message-Id: References: <6512db18-bd15-462e-92fd-7549b5e885e7n@googlegroups.com> Cc: Bitcoin Development Mailing List In-Reply-To: <6512db18-bd15-462e-92fd-7549b5e885e7n@googlegroups.com> To: Richard Greaser X-Mailer: iPhone Mail (21F90) X-Original-Sender: jose.edil@gmail.com X-Original-Authentication-Results: gmr-mx.google.com; dkim=pass header.i=@gmail.com header.s=20230601 header.b="F/g6KQP0"; spf=pass (google.com: domain of jose.edil@gmail.com designates 2607:f8b0:4864:20::529 as permitted sender) smtp.mailfrom=jose.edil@gmail.com; dmarc=pass (p=NONE sp=QUARANTINE dis=NONE) header.from=gmail.com; dara=pass header.i=@googlegroups.com Precedence: list Mailing-list: list bitcoindev@googlegroups.com; contact bitcoindev+owners@googlegroups.com List-ID: X-Google-Group-Id: 786775582512 List-Post: , List-Help: , List-Archive: , List-Unsubscribe: , X-Spam-Score: 1.8 (+) --Apple-Mail-6173EEFD-076B-4AB8-90BE-B7D4E962EC54 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Not sure if I should consider this a jo= ke after the president of bitcoin thing, but I just got curious about a bas= ic technical detail and wanted to stress the concept. 

<= div>Since the value "tokens" in Bitcoin are the utxos, outputs from transac= tions that have not been spent in another transaction, and since the sole p= urpose of the utxos are to atomically serve as input to a subsequent transa= ction, how do you proposed to "tax" them?

I mean, = let's say someone sent me 1 BTC to address X by building a simple p2pkh tra= nsaction with the address I provided. To move that 1 BTC mean to authorize = it as an input to a new transaction. In principle, that can only be done by= me producing a valid signature using a private key.

Let's say I'm one of those infamous holders. How do you propose the tax = to be implemented?

All the best. 
--
E...

On 1 Aug 2024, at 18:13, Richard= Greaser <thebitcoinbugle@gmail.com> wrote:

=EF=BB=BFHi everyone, 
It has become apparent to me that there is an issue where u= sers of the network holding their coins, are not adding value to the networ= k.

As miners continue to get squeezed post halving, they= would benefit tremendously from fees being taken from individuals refusing= to move their coins, providing increased security to the network. 
I have written out a proposal more in depth and is attached below.&nbs= p;

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<hodltax.md>

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