<html>
<head>
<meta http-equiv="content-type" content="text/html; charset=UTF-8">
</head>
<body>
<div dir="auto">Hello, Bill. <br></div><div dir="auto"><br></div><div dir="auto">An electronic cash system is a nice story that Satoshi told himself. What do you think?<br></div><div dir="auto"><br></div><div dir="auto">- Alejandro<br></div><div dir="auto"><br></div><div dir="auto"><br></div><div dir="auto">-- <br></div><div dir="auto"> Защищено с помощью Tuta Mail: <br></div><div dir="auto"> <a href="https://tuta.com/free-email" rel="noopener noreferrer" target="_blank">https://tuta.com/free-email</a><br></div><div dir="auto"><br></div><div dir="auto"><br></div><div dir="auto">18 мая 2026 г., 12:21 От woody@pch.net:<br></div><blockquote class="tutanota_quote" style="border-left: 1px solid #93A3B8; padding-left: 10px; margin-left: 5px;"><div dir="auto"><br></div><blockquote><div dir="auto">On May 17, 2026, at 20:39, Alejandro Montana via cryptography <cryptography@metzdowd.com> wrote:<br></div><div dir="auto">The protocol dictates a flat reward of 13 units per window, forever, with no halving or supply cap. You are essentially baking infinite, linear inflation into the baseline. Why would rational node operators continue to burn real-world energy (and pay real electricity bills) to sustain a network whose native token is mathematically guaranteed to dilute infinitely over time?<br></div></blockquote><div dir="auto"><br></div><div dir="auto">Because that’s how a currency is supposed to work, and they want to have something to spend? Because they paid attention in grade-school economics, and know who Keynes is?<br></div><div dir="auto"><br></div><div dir="auto"> -Bill<br></div></blockquote><div dir="auto"><br></div> </body>
</html>