Satoshi also expected the blocks to grow. Not growing blocks meant that people were looking for second layer and custodial solutions instead, that are now put in place. Unfortunately people got used to own BTC IOUs in third party exchanges.
So glad we have Monero with almost zero coins held by custodians.
Wait till Bitcoiners find out about fractional reserved BTC. I would take 0.8% inflation in XMR over 0.8% inflation + an x10 increase of "virtual" BTC any day.
Good point about paper Bitcoin. It’s probably already happening at larger scale than most would find acceptable.
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