ManyKeys on Nostr: You’re right, a hard cap introduces new dynamics like passive rent-seeking where ...

You’re right, a hard cap introduces new dynamics like passive rent-seeking where some benefit without contributing. But that’s not unique to Bitcoin, fiat has its own version with the Cantillon effect. The difference is Bitcoin’s version gets better over time. As the market matures and price stabilizes the free ride shrinks. People will have to innovate to earn returns not just hold. This redirects capital toward real value creation not just financialization. It’s a good thing for the system overall and for the average person even if a few lazy ones ride the wave for a while. Progress isn’t perfect but it’s directional. Bitcoin raises the bar and that’s a feature not a flaw.