Quote from: o_e_l_e_o on Today at 11:02:45 AM

Quote from: kaggie on April 14, 2022, 03:41:03 PM

Who decides? Instead of inflation and governments forcing the loss of your savings, you would have a loose group of individuals decide that fate?

I don't necessarily disagree with your other points, but this really is the only one which matters. If you set up a centralized mechanism whereby a small group of people choose how and when to redistribute coins belonging to other people, then bitcoin is no longer decentralized. We've seen it happen to other coins, where a small group of people decided that some transactions were not allowed or that some people were not allowed to own some coins. If you go down that route with bitcoin, then it becomes just another scammy altcoin.

I agree.
Not everyone will be convinced by the argument though, so it's useful to go through the other arguments too.

The debate/argument will happen on a grander scale some day. It's worth having arguments written down now without the occlusion of being in the moment.

One more point on anonymity: To do this removes anonymity. If you expect people to have wealth, then you need some level of anonymity. A lack of anonymity when someone owns more than others, which is impossible to avoid, can put that person at risk. Fair enough that we need accountability too, especially for great wealth, and bitcoin seems to strike that balance (I think).