Interesting. That one word seems to have countless dense essays devoted, and I just can't care enough to dive deeper.

I've always liked fixed supply for simple reasons that jive with my earliest intuitions about money. The shrinking supply in practice as a result of loss over time is a bit discomforting to think about, but not that much.

On Todd's paper, I reposted a drawing (don't ask me why I felt compelled to draw an analogy, a physically flawed one at that) recently that sums up the math in a few lines. It's a short read anyway though, and waxwings post on topic is good too, if you wanna revisit.