Sir NOSTR on Nostr: Ah interesting. Just some game theory here: So I’m a nation state or whatever and I ...
Ah interesting. Just some game theory here:
So I’m a nation state or whatever and I want to control the supply of money for my own benefits. Bitcoin is a big headache for me. I buy up the vast majority of the supply and just keep it away from the public. Then I “vote” for more halvings to make it “more divisible” and although the new halvings create a comically small amount new satoshis, if I hardcore limit the supply available to purchase, and I manipulate that tiny amount to be a meaningful amount of the total available satoshis for sale, thus causing monetary inflation?
So I’m a nation state or whatever and I want to control the supply of money for my own benefits. Bitcoin is a big headache for me. I buy up the vast majority of the supply and just keep it away from the public. Then I “vote” for more halvings to make it “more divisible” and although the new halvings create a comically small amount new satoshis, if I hardcore limit the supply available to purchase, and I manipulate that tiny amount to be a meaningful amount of the total available satoshis for sale, thus causing monetary inflation?