LogicallyMinded on Nostr: You’re missing the point about inflation. Monetary inflation isn’t necessarily ...

You’re missing the point about inflation. Monetary inflation isn’t necessarily bad in itself. Unpredictable, uncapped monetary inflation dictated by an oligarchy is the real problem. Monetary inflation can be a powerful tool to incentivize behaviors that are beneficial for a network. For cryptos, it is to guarantee the its security over time. Don’t forget that Satoshi justified the reduction and termination of the block rewards by projecting that fees will replace them. Fees are at a all-time low. #Bitcoin will have to find a consensus to change its issuance curve or take the risk to enter uncharted waters.