elhodler on Nostr: Interesting thought experiment: The whole Bitcoin network agrees that there should ...
Interesting thought experiment:
The whole Bitcoin network agrees that there should never be more than 21 million Bitcoin.
Then there is a bug in the code, so that there are 22 million Bitcoin now.
What would happen? Would we just live with 22 million coins or agree to a hard fork that fixes the issue and makes the extra 1 million coins unspendable/deletes them?
Published at
2023-03-01 09:54:05Event JSON
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"pubkey": "57fe6e8178c8ca329c630742aca14298d1c04ea757150d426e588ba686e8104c",
"created_at": 1677664445,
"kind": 1,
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"content": "Interesting thought experiment:\n\nThe whole Bitcoin network agrees that there should never be more than 21 million Bitcoin.\nThen there is a bug in the code, so that there are 22 million Bitcoin now.\n\nWhat would happen? Would we just live with 22 million coins or agree to a hard fork that fixes the issue and makes the extra 1 million coins unspendable/deletes them?",
"sig": "1d343c8bd05744a08a4983ac6bd699935c724d2725f8621db1bade9b7d690ba1644b091aa9439ff0c0158c268d1dc114e37849ac940e0c217fc0d3eb0f86e4fe"
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