Post
Topic
Board Bitcoin Discussion
Re: Montreal scaling Bitcoin workshop recap.
by
uxgpf
on 14/09/2015, 18:16:41 UTC
If the market wants to be at Q*, but the production quota is forcing it to be at Qmax, what can a group do to continue to enforce the production quota against the will of the market?  How can the invisible hand be restrained?

If deadweight loss becomes large enough it forms a majority that will change the protocol as needed.
If not, then part of economy will exit the market.