a hard cap is a design flaw.

because a network that gets security from a subset of users will fail.

holding is not "using Bitcoin" because you dont pay for network security.

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Disagree, and happy that there is an alternative to market compete to see which thesis is right. This is one of the things I always thought was important about Monero was with the tail emission to see which model works out the best over time.

its a game theory complication which is well understood in other areas of human interaction.

https://en.wikipedia.org/wiki/Free-rider_problem

ie

a hard cap de facto incentivizes hodling (free riders) and foists network security on a subset of users (transactoors)

Hodling is not free riding

They will argue this same garbage till the last halving.

Enjoy the ride plebs, just prepare for the derangement syndromes to come into play more violently as we approach terminal halving.

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