Fundamental assumption that you should try to refute if you respond: social consensus and fair distribution are far more important than scarcity as long as the distribution schedule is known, transpar...
Social consensus on the finite scarcity of bitcoin will persist over time because of human nature. Greed.
Suggesting an arbitrary inflation rate does two things: 1) shows you don’t respect the gift of perfect scarcity. We now have a definition of value that will not change over time- as with distance, temperature, weight…
And 2) that “fair” distribution can be anything but Discovery -> Extraction/Production -> Market Fit over Time. How does something distribute otherwise? Subjective intervention, sure. But there is nothing “fair” about that.
Suggesting an arbitrary inflation rate does two things: 1) shows you don’t respect the gift of perfect scarcity. We now have a definition of value that will not change over time- as with distance, temperature, weight…
And 2) that “fair” distribution can be anything but Discovery -> Extraction/Production -> Market Fit over Time. How does something distribute otherwise? Subjective intervention, sure. But there is nothing “fair” about that.