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The capped emission certainly encourages FOMO and speculation. A fixed block reward would still provide scarcity in the long term while strongly discouraging sp
by tromp 1y ago
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 https://tromp.github.io/blog/2020/12/20/soft-supply
- rchaud 1y agoDoesn't seem like a hard cap when every BTC is almost infinitely divisible into smaller amounts of "satoshis".
- jazzyjackson 1y agodenominating US money supply in hay pennies does not double the money supply
- tromp 1y agoEnjoy your uncapped supply of food and drinks, with each kg almost infinitely divisible into septillions of molecules.