Oddbean new post about login | logout I on the other hand am 100% opposed to it, because it destroys the store of value function. The "right" supply issuance ratio is not something that needs to be determined or pinpointed. The market should determine it.
Maybe we should take this one point at a time. Why do you say an uncapped supply schedule destroys the store of value function? As long as the purchasing power of each sat increases (via lost coins, march of technology, etc) faster than they are being devalued by new issuance, wouldn't there still be value in storing sats?