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@ Eric FJ
2025-05-02 20:26:04
While I appreciate the share and references, I think you’re assuming I’m arguing for tail emissions / supply inflation being a necessary economic condition- which I am not.
Please do me a favor: take a breath and read what I’m actually writing.
I’m saying the original Austrians did not, and could not have, predicted the dynamics of mining, diminishing block rewards, fee markets, network security, etc. The security of the fixed money supplies they theorized about was never in question. In Bitcoin these are major REAL LIFE system design concerns that need to be addressed for the THEORY to be valid. This is the paradox: Austrian is IDEAL but how do we practically achieve it without tradeoffs? We can strive towards it, and we may never fully achieve it, but I will remain naively hopeful and build towards it.
In the meantime, I support the openness of the protocol for people to express their views. Austrian or otherwise. I may not like some of them, so I build, support and evangelize the ones I do. But not dogmatically.