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Neovim have a ~$800k Bitcoin donation sitting untouched since 2023

320 points · 277 comments · jakemanger

  1. seymon · · focus · HN ↗
    I hope they still have the private key.
    1. osigurdson · · focus · HN ↗
      It is an interesting fact about Bitcoin in general. There are 21M tokens in total AND some percentage are lost every year. Run this simulation long enough and there will be very few active Bitcoins remaining.
      1. Roark66 · · focus · HN ↗
        Seems pretty silly to build in deflation into a currency. It incentivises putting your money in a mattress for 100 years.
        1. benenrjdnz · · focus · HN ↗
          Deflation is a good thing, it rewards delayed gratification. Those evil Keynesians have convinced the world a little bit of inflation is good. It isn’t. Losing purchasing power on your money is a bug.

          Nothing wrong with putting money under a mattress for 100y if the value of money is not evaporating.

          For most of human history the money was stable. It’s the disasters of 20th century wars that eroded the value, and 21st century lack of monetary discipline that keeps driving it down now.

          1. strogonoff · · focus · HN ↗
            Historically, as far as I am aware, there was never a situation when deflation coincided with good things happening.

            A healthy amount of inflation keeps the economy going.

            1. ciupicri · · focus · HN ↗
              That's like saying stray dogs keep you in shape / running … because you don't want to be bitten.
              1. IAmBroom · · focus · HN ↗
                I mean, cardio is Rule #1 of the zombie apocalypse in Zombieland.
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