Post
Topic
Board Bitcoin Discussion
Re: If you belive that Bitcoin is over and done with...
by
Pieter Wuille
on 11/09/2011, 09:46:40 UTC
We're still printing them at a quarter million bitcoins a month,  even if they are worth .00001 cent each.  

If someone can logically answer why there is no mechanism to slow down the rate of printing then I want to hear it.

If you know of such a mechanism, which
  • can be enforced easily by each node (bitcoin's security system)
  • does not depend on a centralized data source (exchange rate eg.)
  • is not easily influenced by people who want to take advantage of it (eg. rate/size of transactions in the block chain)

then I want to hear it.