Peter Todd against the world.
nostr:npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm states that a tail emission is necessary to secure Bitcoin in the long term.
He then goes on to state that miners can agree to add extra fees to process transactions, in effect acting as a tail emission.
The latter is why we don't need a tail emission, the economics will play themselves out - he's even admitted as much.
This pod is worth listening to, even if you don't agree with everything he says - makes very good points about a lot of things.
Discussion
I've said it before, and I'll say it again. #Bitcoin is low transaction #fees. Light, tight, robust virtuous #fullnodes that anyone can run and manage, if they want to.
The Virtuous #fullnodes run Bitcoin. The Virtuous full nodes are Bitcoin. Not the miners. Not the developers.
What he's talking about isn't Bitcoin. It's a #shitcoin..👎
Miners doing things, nodes agreeing.
Nodes doing things, miners agreeing.
Miners doing things, nodes don't agree.
Nodes doing things, miners don't agree.
#Bitcoin hangs in the balance of these dynamics.