From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id CCCF619BE for ; Mon, 1 Apr 2019 02:55:53 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-it1-f194.google.com (mail-it1-f194.google.com [209.85.166.194]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 64435E7 for ; Mon, 1 Apr 2019 02:55:53 +0000 (UTC) Received: by mail-it1-f194.google.com with SMTP id z126so12435172itd.5 for ; Sun, 31 Mar 2019 19:55:53 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20161025; h=mime-version:references:in-reply-to:from:date:message-id:subject:to :cc; bh=nix1ZPvQlRSVK1WmIDI4Uj8PDWGN2z+2wRI+ssDoY8U=; b=koTtjHtQ6uX+SXpijJ0I1gca0YhzNpKzZMF933hV1noU22dsMYDyzFsg17bFyXo+kQ ayMPbcUKlqpBZwyx47FApLwOs7I5C9KjbRMUMMcL92Q+vhSQiKRpERHiU+khpWEcXXPO p7bl+MRxAX6xMGKOyMN+AAK4g+HLH0A+2CLj8+fkStINq4IkyzlfLvG8Qa9uf8sNE/Mv OLW3KD5PQ7+bqy8EPFlg97eOjRnKPVhLybsRZVK60hvKNruu3ChJ18252ygCkozY0G+E 7+/w4Lc3YVskQJEdGTpQrDDaj09nQpS/8xT0ITgeVaI3Msciw+g9mYy4DL9dwgC8dR3J DZkw== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20161025; h=x-gm-message-state:mime-version:references:in-reply-to:from:date :message-id:subject:to:cc; bh=nix1ZPvQlRSVK1WmIDI4Uj8PDWGN2z+2wRI+ssDoY8U=; b=AgrekIW2Yx1Brq+gdMAuPZBdPW44mYnsp50PJVOusMlSX3DrW6Tzl0EDvXOLk9hCnr oHG60GSK3ll4lAt3hvu6w3wsR0JLJjqEOU33p1AcRtu3WulzlgFhgKhkoSXNQKap2rvK BckFD6x8afTb6bZDBjW7lEKnz97GCJMWqoHYHo9bb4Nt4UDrrEjjnrDU5x6LZP0/2g8t HPSklXq6hQnjm2O7zJvDUm9SIKGulS81sBQPoKKTXLw+tZYsYBwSTp54BWQEa67CwbSq O/278VnzC0H8iGSuXYuFrUcu5WpCxvJFc7qNbeNJ/j26NnA3+Xzgjf1TxjeN3UzZmNrW kboQ== X-Gm-Message-State: APjAAAVeSXcmYvq4kdMoVMmMFhw7aMqks8oLwD5hrBQZazhentqyDxXF OaioyZWwd9EGcwv0tsy9BtTLjMgvL6t/82C2Xe+O5B06 X-Google-Smtp-Source: APXvYqxWUTDgEDRm8AgSC5afcXvCzGwRwxZJAQuwBFMDmT4YjEhVf8two5qdR1Zq4nsG4BGWb0iGjaANm+S6Z95i0nA= X-Received: by 2002:a24:3c53:: with SMTP id m80mr14541214ita.102.1554087352769; Sun, 31 Mar 2019 19:55:52 -0700 (PDT) MIME-Version: 1.0 References: <201904010030.34825.luke@dashjr.org> <20190401011112.6icdkyjocf4qh5oz@petertodd.org> In-Reply-To: <20190401011112.6icdkyjocf4qh5oz@petertodd.org> From: Omar Shibli Date: Mon, 1 Apr 2019 05:55:41 +0300 Message-ID: To: Peter Todd , Bitcoin Protocol Discussion Content-Type: multipart/alternative; boundary="0000000000009ca1fc05856f2835" X-Spam-Status: No, score=-2.0 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, HTML_MESSAGE, RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org X-Mailman-Approved-At: Mon, 01 Apr 2019 04:22:20 +0000 Subject: Re: [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 01 Apr 2019 02:55:53 -0000 --0000000000009ca1fc05856f2835 Content-Type: text/plain; charset="UTF-8" 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 > --0000000000009ca1fc05856f2835 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable
Shit, so we are=C2=A0vul= nerable 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.lin= uxfoundation.org> wrote:
On Mon, Apr 01, 2= 019 at 12:30:34AM +0000, Luke Dashjr via bitcoin-dev wrote:
> Certain parts of the community have been selling bitcoins for unreason= ably
> low prices. This has halted Bitcoin's valuation at $20k and even d= riven the
> price down below $15k! However, clearly Bitcoin is worth much more tha= n
> 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= 9;s no limit
on the maximum supply of USD.

--
http= s://petertodd.org 'peter'[:-1]@petertodd.org
_______________________________________________
bitcoin-dev mailing list
= bitcoin-dev@lists.linuxfoundation.org
https://lists.linuxfoundation.org/mail= man/listinfo/bitcoin-dev
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