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Replying to Avatar magic

Thanks for posting. I remember reading this. Obviously, that is a factual statement, but I still view coin loss as net negative for the network. I’m not hopeful for a phase in the immediate to mid-term future where newly lost keys outpace block rewards. When issuance is zero, lost keys will converge to zero, but will never be zero. There will be a day when it’s deflationary. I think it’s over 50years away and that’s all

I got left…

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QW 2y ago

Fair point. I don’t have much of a opinion on it other than the market will sort itself out.

I see pros and cons both directions.

For now, let the convicted hands stack. 🤙🏻

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magic 2y ago

All we can do.

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