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Not to mention the cavalier attitude towards their tokenomics (quite literally monetary policy now), how often they can change it. It simply doesn't inspire con
by fredfoobar 5y ago
Not to mention the cavalier attitude towards their tokenomics (quite literally monetary policy now), how often they can change it. It simply doesn't inspire confidence. A monetary layer should be immutable once a good set of rules have been found to be working well.
Just think about it, if a protocol layer on the internet changes its protocol parameters based on some trends, is it a good idea? Bitcoin is like another protocol layer on the internet protocol stack, you build other layers on top of the base monetary layer. You reduce the possibility of bugs in a layer disrupting the whole ecosystem and make the layer more maintainable.