That's the 21 million bitcoin question. What kind of corporate structure would work in an open source society, where profits are welcomed, but not to the exclusion of human rights or human needs?
Discussion
Outlaws live outside the system. They don't work to pay taxes. They work to fulfill life.
The push for a new system won't ever come from within the system (also it tries to adapt). But from forces outside of it that make it superfluous.
Outlaws don't ask for government licenses to run a company. The aim of a com-pany is literally to share the fruits/bread between the companions.
It's not about maximising profit at the cost for everybody else nor sharing the fruits with everybody else without favourable trade.
A company is a tool just as Monero and Bitcoin are tools. Don't get confused by governmentts regulating and licensing tools.
Become an outlaw. Create a company of outlaws. Use the right tools for the right job. Never fall for in-laws like KYC, licenses, taxes. That is a distraction designed to strip you off your ingenuity and energy. Gong down that road will set you up for failure.
Build systems outside the law/untouchable by the law. Privacy is where the value creation starts. It's the reason Monero is such a powerful tool endangering the in-laws.
Once you can see this is when you will understand why so many Bitcoin OGs and cypherpunks now focus on Monero and the ecosystem around it.
With no supply cap, Monero has no store of value property. I'll stick with Bitcoin, but good luck.
the difference between a hard cap and a small amount of tail emission is negligible and doesn't affect anything in real life
I can appreciate that perspective.
Balancing lost keys with new coin over time might work pretty well. But that's not the choice that was made when Bitcoin was finalized. It will take until around 2040 before the transaction fees regularly exceed the block rewards, and we'll still have a hundred years for the miners to get 100% of their earnings from the fees. I think looking long term there won't be any danger to stability.
Don't get me wrong, I'm not dumping on Monero or the people using it. I'm just choosing not to.