Bitcoin should not have an in-protocol plunge protection mechanism, and certainly not one that artificially restricts people's ability to spend their coins. I encourage you to withdraw this proposal, for the sake of bitcoin's integrity and utility as a p2p electronic cash system.
On Tue, Feb 10, 2026, at 3:47 PM, Mike Casey wrote: > In response to feedback, the Hourglass proposal to mitigate against > potential mass liquidation of P2PK funds has been enhanced to further > limit spend amounts from such outputs to only 1 bitcoin per block. > https://github.com/cryptoquick/bips/blob/hourglass-v2/bip-hourglass-v2.mediawiki > > Prior discussion of the original Hourglass proposal: > https://groups.google.com/g/bitcoindev/c/zmg3U117aNc/m/lDCMs9j7EAAJ > > Thoughts & feedback welcome! > > -- > You received this message because you are subscribed to the Google > Groups "Bitcoin Development Mailing List" group. > To unsubscribe from this group and stop receiving emails from it, send > an email to [email protected]. > To view this discussion visit > https://groups.google.com/d/msgid/bitcoindev/9336f5a4-5c28-4c1b-af29-a8462b7a9377n%40googlegroups.com > > <https://groups.google.com/d/msgid/bitcoindev/9336f5a4-5c28-4c1b-af29-a8462b7a9377n%40googlegroups.com?utm_medium=email&utm_source=footer>. -- You received this message because you are subscribed to the Google Groups "Bitcoin Development Mailing List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/bitcoindev/57bd09bc-1c1b-4605-82f9-65b6b61cf8a2%40app.fastmail.com.
