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From: Omar Shibli <omarshib@gmail.com>
To: Peter Todd <pete@petertodd.org>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC
Date: Mon, 1 Apr 2019 05:55:41 +0300	[thread overview]
Message-ID: <CAE3EOfgFdZUTdVW-hcxR2m5nM+GaV3R48En3_RVpN1O+rrPO6w@mail.gmail.com> (raw)
In-Reply-To: <20190401011112.6icdkyjocf4qh5oz@petertodd.org>

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Shit, so we are vulnerable today? is this zero day vulnerability? so we
could be f***** big?

On Mon, Apr 1, 2019 at 5:47 AM Peter Todd via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

> On Mon, Apr 01, 2019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev
> wrote:
> > Certain parts of the community have been selling bitcoins for
> unreasonably
> > low prices. This has halted Bitcoin's valuation at $20k and even driven
> the
> > price down below $15k! However, clearly Bitcoin is worth much more than
> > that, and there is widespread support for higher prices.
> >
> > In light of this, I have written and implemented two BIPs: one to add a
> > signed price field to Bitcoin transactions, and the other to softfork a
> > minimum price of $50k USD/BTC a year from today.
>
> I believe I've found a serious vulnerability in your proposal: there's no
> limit
> on the maximum supply of USD.
>
> --
> https://petertodd.org 'peter'[:-1]@petertodd.org
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>

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  reply	other threads:[~2019-04-01  2:55 UTC|newest]

Thread overview: 13+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2019-04-01  0:30 [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC Luke Dashjr
2019-04-01  1:04 ` Ricardo Filipe
2019-04-01  2:57   ` Thomas France
2019-04-01  3:04   ` Dave Scotese
2019-04-01  1:11 ` Peter Todd
2019-04-01  2:55   ` Omar Shibli [this message]
2019-04-01  3:02   ` ZmnSCPxj
2019-04-01  3:07   ` Satoshin
2019-04-01  8:55     ` LORD HIS EXCELLENCY JAMES HRMH
2019-04-01  2:54 ` Omar Shibli
2019-04-01 11:22 ` Melvin Carvalho
2019-04-01 11:50   ` Dana L. Coe
2019-04-02 16:48     ` Aymeric Vitte

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