If you think that a tail emission is a serious problem for the devaluation of money
why is gold considered a stable SoV over millennia?
maybe a hard cap is a stupid design. nostr:note1e737uchkzfrwlndjaxxcxgeckcfvnsgrmx87el52qp0g4vdz7ljsnwlykw
Discussion
The asset is the network ..
gold has value because there is a goldsmith and trading shop in every city .. there are miners all around the world and banks buy it , nation states buy it ..
Cap or no cap , are network decisions .. just like non KyC .. proof of work ... They are simply a cherry on the cake .. bulk of value is the robustness and spread of the network ..
Then: Satoshi ships an alpha protocol that needs tons of reworking
Now: Satoshi discovered Bitcoin!! It's like an element. It wasn't created it was discovered. Any criticism or changes are taboo... It's perfect