Quote from: David M on July 06, 2011, 10:27:39 PM

Quote from: Stuffe on July 06, 2011, 01:10:59 AM

Why only have the advantages of anonymity and decentralization, when we can add stability to the list, without any disadvantages as far as I can see?

What is your definition of stability? 1% intra-day moves? 1% intra-weekly?

Volatility/stability is meant to reflect shifting sentiment.

All I am saying is we could have more stability, how much exactly would only be a guess.
Volatility/stability DOES reflect shifting sentiment. What I am saying is simply that we can control the supply side.

Quote from: Vitalik Buterin on July 06, 2011, 11:43:39 PM

Quote from: Stuffe on July 06, 2011, 01:10:59 AM

an emergency fee of transactions (in percentage, calculated by severity) could be imposed and destroyed, which would stop the hyper inflation very quickly and effectively.

No, that wouldn't. It would reduce the number of coins out there, but it would reduce the value of each one even more since it would become nearly useless for its only purpose, spending.

You might actually be right about that. Scratch that then, it is not really important anyway (since that emergency scenario will probably never happen).

Also here's the full quote:

Quote from: Stuffe on July 06, 2011, 01:10:59 AM

Under something approaching hyper inflation over a longer period (will hopefully never happen) to save the future of the bitcoin, an emergency fee of transactions (in percentage, calculated by severity) could be imposed and destroyed, which would stop the hyper inflation very quickly and effectively.

Also it seems that no one really likes this type of idea, so never mind (although I think the most important part of my arguments are still solid).