I think John Nash’s concept of asymptotic money with an asymptotic inflation curve is intriguing.
In theory, maybe it makes sense to let the #Bitcoin subsidy approach zero… forever.
Just some half baked food for thought…
Discussion
If that was the case, bitcoin would be infinite, have infinite supply... and it wouldn't be bitcoin.
Wrong. #Bitcoin would just get closer and closer to the 21 million supply cap forever instead of the subsidy running out circa 2140.
Study asymptotes.
Absolute scarcity gives ₿itcoin value and prevents fuckery. Study shit coins.
So you’re saying an infinitely diminishing subsidy that keeps the supply growing ever nearer to the 21 million limit violates absolute scarcity?
I guess it could at some point be necessary to have fractions of satoshi. We will likely never know these things.
Fractions of Satoshi will happen, in layer 2 first…. Maybe on the main chain.
Just food for thought… infinitely diminishing subsidy seems like an interesting element of predictability for the whole protocol… a sort of predictable but diminishing constant
Maybe our grandkids or great grandkids will have some fresh ideas to implement it if it makes sense…
Agreed that no one has any serious reason to fork the code over this today