@Peter Todd states that a tail emission is necessary to secure Bitcoin in the long term.

He then goes on to state that miners can agree to add extra fees to process transactions, in effect acting as a tail emission.

The latter is why we don't need a tail emission, the economics will play themselves out - he's even admitted as much.

This pod is worth listening to, even if you don't agree with everything he says - makes very good points about a lot of things.

https://youtu.be/oPNFdhZUGmk?si=TeSjDFDB1id0oCOC