Post
Topic
Board Economics
Re: Bitcoin major fail - doesn't allow credit creation (aka deflationary currency)
by
molecular
on 19/11/2012, 21:42:44 UTC

but if the organization imposes certain rules (demurrage in this case), the 49% can just hard-fork by rejecting blocks identified as being mined be that organization.


That would set a pretty bad precedent. But the fact that it could be done would hopefully be enough to prevent some rogue entity from investing millions in the attempt.

exaclty.