Toxic Bitcoiner
· 1w
A couple years from now, as blockspace is increasingly used for stablecoins, there will be another UASF to curtail them, but it will fail. Miners will reject it. Why would they kill their fee revenue?...
This is basically accurate.
Which is why monero people have been screaming from the rooftops about regulatory capture for years.
Sorry not sorry.
(also tail emission is better design and monetary policy)
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