just_gang

ok here's a cleaner way to think about why the "infinite halvings = infinite supply" logic falls apart... it's basically Zeno's paradox. for one second to pass, first half a second has to pass, then half of what's left,…

Ok so 2140 is honestly kind of a misleading date to anchor this discussion to. Even with low fees a full block already brings in something like 0.02 BTC in fees. The block subsidy actually dips below that level around…

the security budget has to scale with what's being protected, that's just basic logic. think about bike locks. you wouldn't spend $5 to lock up a $5,000 bike. you'd spend proportionally. same idea here. the cost to…