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Topic: bitcoin deletion project. 21 million to 20 million. - page 5. (Read 4964 times)

hero member
Activity: 717
Merit: 501
LOL. It is ridiculous for any business to volunteer to delete any percentage of hard earning bitcoin.
 not if it is crowd funded.  Businesses make donations to the red cross and some even donate to football bowls and racing cars.
full member
Activity: 195
Merit: 100
 Roll Eyes That a great idea Roll Eyes.

Better yet ,let's delete 20 million or more bitcoin.The lesser it is the precious it becomes ,amirite?
legendary
Activity: 1386
Merit: 1016
LOL. It is ridiculous for any business to volunteer to delete any percentage of hard earning bitcoin.
hero member
Activity: 717
Merit: 501
I came up with the idea of capital coins.  However, I think you can boost the price of bitcoin if you attempt to delete 1 million coins.  Many have already been lost.  If you can get the large and new businesses to delete 1% of their coins, maybe over a year we can get to 20 million total supply while the price is cheap.  Maybe set up a mining pool to delete transaction fees, and only accept transactions with a fee attached.

A business might have a 5,000 BTC profit
1,000 btc a year would go to deletion
4,000 btc distributed to shareholders.

If you add those lost and those intentionally deleted, we could get to 20 million.  Deflation and austerity will lead to growth, as it always does.  As opposed to inflation, money supply growth, and hyperinflation which leads to tyranny. 
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