James A. Donald wrote: > Furthermore, it cannot be made to work, as in the > proposed system the work of tracking who owns what coins > is paid for by seigniorage, which requires inflation. If …
Re: Bitcoin P2P e-cash paper
Ray Dillinger: > the "currency" is inflationary at about 35% > as that's how much faster computers get annually > ... the inflation rate of 35% is almost guaranteed > by the …