Gold is hard money, only relatively to fiat and other IOUs and easily inflatable commodities with large supply. In relation to Bitcoin it is not as hard which is reflected in BTC/Gold exchange rates.
Tail emission (uncapped supply inflation) does not incentivize MoE. This is a fiat Keynisian notion that does not reflect the reality.
I recommend everyone reading Bitcoin Standard Chapter 10 by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak on Money and particularly the part about "Why One Money?".
Also
Making Spenders the only ones who pay for network security fees obviously incentivizes hodling
The entire Community goes on and on about the superiority of NOT using Bitcoin
and you're going to tell me that MoE is not being discouraged by a hard cap?
get real
MoE is definitely not discouraged, if anyone actually needs to make a transaction they are welcome to do so while paying a free market determined fee for it. If anything it encourages lower time preference and more sound financial habits.
