Quote from: BurtW on March 09, 2017, 09:59:46 PM

Quote from: jbreher on March 09, 2017, 09:53:27 PM

Quote from: traincarswreck on March 09, 2017, 09:29:34 PM

Quote from: jbreher on March 09, 2017, 09:17:42 PM

I think David Rabahy's comments illustrate a problem with OP's postulated scenario.

Individuals don't want to hold something that is fixed in value. They would rather hold something that appreciates in value. And markets are merely collections of individuals. As such, market forces will not conspire to make all monies asymptotically approach stable value, as long a there is an alternative available that appreciates in value. If indeed market forces will drive all monies to approach some prototype. The market forces in such a scenario would conspire to make all monies approach that other value-increasing alternative.

1) I am not wrong, and its Nash's postulate. 2) You have contradicted yourself by admitting the truth of this. 3) The reason bitcoin has value as a gold is because our money systems are instable DUCY this is relevant?

Nash spoke of Ideal Money, and Nash spoke of some other nearly stable money that would through market forces gradually force other moneys to approach its qualities. The idea that Bitcoin be this other alternative is not Nash's.

I think the idea here presented is that Nash never mentioned Bitcoin by name but he did describe it by all its attributes so closely that traincarswreck asserts that he was talking about Bitcoin. Like if it smells like Bitcoin, tastes like Bitcoin, feels like Bitcoin, sounds like Bitcoin, looks like Bitcoin, well it ....

Your assertion that he might as well have been talking about any crypto that has all the same "gold like" properties (Litecoin, and many others) is well taken, however the economy has singled out Bitcoin as the one to notice relative to all the other alt coins.

Same OP thinks that Nash was Satoshi Nakamoto, which doesn't make sense.
Another thing that doesn't make sense is that OP is desperatly trying to convince core devs to keep the "gold like" blocksize, because it is important for humanity.