Kevin's Bacon @Kevin's Bacon - 19h
And yes I understand that the constant number of coins issued does mean holders pay for hodling and not only transacting. To do it the way Bitcoin does it instead is more of an incentive to hodl, but not so much that no investment would ever happen, nor so much that markets would become harmfully hampered from growth or whatever.
If growth in high tech stuff is delayed, so be it. The rest of the market is shit. We need better low tech and medium tech stuff.
Hard money like this helps people to save, helps them to have the capital to invest in better products. And the predictable issuance schedule and low cost of transactions, tail emissions or not, and lack of counterparty risk or recourse thereof, that allows them to be relatively more free of aggression, allows them to create things that people actually value highly and to economize efficiently.
Kanzan @Kanzan - 19h
you dont know where the equilibrium will fall and you're basically admitting I'm correct in being concerned that the most deflationary environment is likely not the most ideal.
Ideal... https://blosstr.com/471b11463fb02c3409d3d9ba80afba3f6bb64b91d1c64de2e2ca2d733800122e.webp If you are chiefly a utilitarian with specific goals for the future orientation of the production apparatus of the market, then yeah, you are correct in being concerned about it. But you never stated what your goals are. And you project your goals onto bitcoiners who do not share your goals.
Kevin's Bacon @Kevin's Bacon - 18h
INCONCEIVABLE!! nostr:nevent1qqsdduej0rh3kgnc92wptnyyvmvaxp9javhwzj2e345deaq8yhjm0pspzemhxue69uhhyetvv9ujucm0d9hx7uewd9hj7q3q8hdy2qy2qwga0ye7rtnucwuyf07erjfdmm7s74wwdt7sy4mk7tdsxpqqqqqqznac9z5
nostr:nevent1qqsdduej0rh3kgnc92wptnyyvmvaxp9javhwzj2e345deaq8yhjm0pspzemhxue69uhhyetvv9ujucm0d9hx7uewd9hj7q3q8hdy2qy2qwga0ye7rtnucwuyf07erjfdmm7s74wwdt7sy4mk7tdsxpqqqqqqznac9z5
I only said it matters very little whether the money started off with tail emissions or just a hard cap. It would appear I just don't share your concept of ideal. Incidentally, I don't share your capacity to project either.
Kanzan @Kanzan - 18h
lol whatever its fucking ridiculous that we basically agree in the fundamentals but you want to insist I must be wrong about exactly where the barrier to entry is going to fall, despite having no more information about it than I do.
You're the one who insisted that bitcoiners are wrong about it. I simply have demonstrated that all of YOUR arguments that insist that I am wrong about exactly where the particulars will fall into place, are insufficient to convince anyone of the superiority of your preferred issuance schedule. Might I point out, despite having no more information about it than I do. Very ironic of you to then twist that to say I am doing that. You started the argument. But you still have not stated your ideal. So good day, sir.
I stated my ideal at the beginning sweetheart https://i.nostr.build/PVaIsMKYaDWZGO4o.jpg and I haven't insisted anything except a hard cap is not ideal something you agree with. it *you who are insisting I MUST be wrong and my concerns are MUST be invalid. so ok bro, cool.