Le 18 déc. 2013 22:37, "Telmo Menezes" <[email protected]> a écrit :
>
> On Wed, Dec 18, 2013 at 10:09 PM, Quentin Anciaux <[email protected]>
wrote:
> >
> >
> >
> > 2013/12/18 LizR <[email protected]>
> >>
> >> On 19 December 2013 08:01, Quentin Anciaux <[email protected]> wrote:
> >>>
> >>> 2013/12/18 Bruno Marchal <[email protected]>
> >>>>
> >>>> On 18 Dec 2013, at 09:47, Quentin Anciaux wrote:
> >>>>>
> >>>>> Depends on the problem you're considering, I think it can lead to a
> >>>>> society with more individual freedoms, for example.
> >>>>
> >>>>
> >>>> I don't think it can... can you give argument how bitcoin would
achieve
> >>>> that ?
> >>>>
> >>>>
> >>>> Bitcoin was not deflationist at the start,
> >>>
> >>>
> >>> Yes it was and is... the number of bitcoins are finite and fixed over
> >>> time... There will be at most 21 millions bitcoins in circulation for
> >>> ever... a lost bitcoin is lost *forever*...
> >>>
> >> I don't know much about bitcoins. Why are they limited to 21 million,
> >
> >
> > By design.
> >
> >>
> >> and if one is lost, why can't it be recreated?
> >>
> >
> > Because a bitcoin cannot be recreated as the number is fixed. So if you
lose
> > your wallet (erase it), then the bitcoins in it are lost forever...
> >
> > Also as the bitcoins are limited (and over time some are and will be
lost),
> > they can only deflate, and as the goods and services are not limited the
> > same way, this encourage hoarding. I can't see a benefit in that... but
the
> > most unfair thing is that the first 5 millions bitcoins were easy and
cheap
> > to mine... rendering the first in the system potentially billionaires
> > without having created *any* wealth... it's a con currency, not a
currency.
> > The only people who will benefit from it (if some crazy thing happen in
the
> > world and the thing is adopted) are the early adopters.
>
> > Plus the way the
> > blockchain work, it cannot scale well and just for that it is doubtful
> > bitcoin could see a large adoption.
>
> This is often repeated but not true. The blockchain can be truncated
> and old transaction discarded.

What about the remaining of what I said?

The solution is described in the
> original paper, section 7:
> http://bitcoin.org/bitcoin.pdf
>
> Telmo.
>
> >
> > Quentin
> >
> >>
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> >
> >
> >
> > --
> > All those moments will be lost in time, like tears in rain. (Roy
> > Batty/Rutger Hauer)
> >
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