hardcaps are retarded and introduce unnecessary complications
come at me bro
hardcaps are retarded and introduce unnecessary complications
come at me bro
...like...what sort of complications?
https://plato.stanford.edu/entries/free-rider/
only people who *make transactions* pay for the network security that everyone benefits from and makes Bitcoin valuable.
this is a game theory complication.
The economic philosophy of no hardcap is Keynesian in that central authorities intervene to "spur innovation" or "solve problems".
no.
the absence of a hard cap itself is not Keynesian.
determined, predictable supply inflation is not Keynesian.
true that Keynesian means that central authorities intervene,
but that's nothing to do with a hard cap specifically.