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tromp
8 months ago
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We have reached the "severed fingers and abduction...
The capped emission certainly encourages FOMO and speculation. A fixed block reward would still provide scarcity in the long term while strongly discouraging speculation [1].
[1]
https://tromp.github.io/blog/2020/12/20/soft-supply
rchaud
8 months ago
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Doesn't seem like a hard cap when every BTC is almost infinitely divisible into smaller amounts of "satoshis".
jazzyjackson
8 months ago
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[–]
denominating US money supply in hay pennies does not double the money supply
tromp
8 months ago
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[–]
Enjoy your uncapped supply of food and drinks, with each kg almost infinitely divisible into septillions of molecules.
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[1] https://tromp.github.io/blog/2020/12/20/soft-supply