Colorblind, as
I told you in the other thread
where you raised this, there is already an
altcoin which does this. Go there. Or else, go to
the Flat Earth thread. Either way, understand that
this will never happen in Bitcoin. There are certain
iron-clad, carved-in-stone, oath-bound-on-pain-of-death rules in Bitcoin, and this is one of them; you may as well suggest inflating the monetary base beyond 21 million bitcoins, or requiring KYC checks to transact Bitcoin, or making transactions reversible by an Appellate Court of Bitcoin which holds tx override keys (or perhaps via
the execution of an irregular state change as decreed by the Grand Poobah in Chief).
I am not even remotely interested in further expounding on the technical reasons why this idea is a non-solution to a non-problem; for
the idea itself is reprehensible. You are advocating massive theftand you are advocating the total destruction of Bitcoin. That does not even deserve serious discussion.
- UTXO aging
- ATTENTION MORONS: THIS CANNOT BE DONE WITH BITCOIN. SEE THE LARGE BOLD TEXT AT THE TOP.
Since this will
never happen in Bitcoin, I suggest that you should go put all your money in Freicoin (FRC), a coin created by people who make economic arguments for demurrage. Freicoin is currently
ranked #675 on coinmarketcap.com, with a current market cap of $485,681 (27 BTC). (Current Bitcoin market cap: $307,305,229,550.) The idea that you should need to spend your money to not lose itwell, that idea is exactly as popular as it should be.
EditP.S., one technical argument: You should learn to spell aging before you write a proposal about it. A respect for the simplest orthography is the handmaiden of
sound monetary policy the basic honesty of not stealing peoples money.
Relax, I was just looking for an intelligent discussion, and thank you for useful and enlightening inside!
Oh there is flat earth thread. Neat!