.@Truthcoin drops a stunner on Bitcoin's long term security budget. Outstanding as usual
http://www.truthcoin.info/blog/security-budget/ …
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Personally I think that's actually a pretty important point.
A point lost in the noise of all the idiots who are equating a lower long-term hashrate with lower security.
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I wonder if the volatility of txn fees versus consistency of block rewards changes the investment prospects for a miner looking to generate more hash.
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