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2025-04-04 23:33:03
in reply to

Expatriotic on Nostr: The tail emissions is a complex topic. It's not as cut and dry as you may think. And ...

The tail emissions is a complex topic. It's not as cut and dry as you may think. And the debate over having it or not will be settled in 150 years when Bitcoin stops emitting bitcoins and we see if the network can maintain security when it stops paying miners.
Also even a small tail emissions would be less inflationary than gold. And waaay less than fiat. Because the amount emitting is always smaller and smaller compared to the total amount..
Additionally it's not inflationary if it simply replaces lost coins.
Even the printing of the US dollar has to do this. Print dollars at a rate that replaces old or lost dollars... Of course we know they go beyond this mandate.
Author Public Key
npub138xw4ym33jw06g0u2mesxlmgj2esgecrpwnlrcy9v503hh6wqzmscakdee