Post
Topic
Board Development & Technical Discussion
Re: Cuckoo Cycle proof-of-work: $5000 in bounties
by
tromp
on 05/03/2017, 03:30:36 UTC
the recent boost in bitcoin value allows me to increase the bounties by 50%:
This seems to imply you are holding your bounties in bitcoin.
Since this is targeted at the bitcoin community, I assume you are also paying them in bitcoin.
Why, then, do you advertise the bounty amounts in dollars instead of in bitcoins?

Two reasons:
1) I want to limit my financial liability, and if people keep claiming bounties while bitcoin explodes in value, I might need to buy bitcoin at exorbitant prices.
2) I thought the dollar amounts sound more impressive:-)

But, on request, and while supplies last, I'd be happy to make a payout in bitcoin.