I read this whole thing and it fails to explain how a pederson commitment actually ensures no inflation happens. Sure maybe it does encrypt it but how do you know it’s not creating more monero? It’s encrypted so you can’t see it! Early on bitcoin actually had a bug that drastically inflated the supply but because the ledger was open and transparent, the dev team saw it and fixed it quickly. What if monero is leaking 0.1% monero with every other block mined? There is no way to verify that the supply is not increasing. You’re putting a lot of trust in code that may break without anyway of knowing when it’s broken.