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188 sats \ 0 replies \ @softsimon OP 22 Jul 2022 \ parent \ on: I'm Simon, creator of Mempool.Space. AMA. bitcoin
It's an interesting argument for sure. But there is no way of measuring or proving how much that organically gets lost. I still prefer the 21M hard cap meme. All money that existed before Bitcoin was "leaking", even Gold with its yearly 2%(?) inflation. So Bitcoin is the perfected money with a actual hard cap first time in the history of humanity. So introducing a small leak would mean that there could in theory be something "better" than Bitcoin still. I want Bitcoin to continue being the perfected money in this aspect, and if 0.001% of coins gets lost every year it just slowly increases the value of everyone's coins in a deflationary way.... just my 2 sats. Especially without any inflation required to secure the network due to the arguments I stated above.