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incentives oppose hardforks that make the economic fundamentals worse. there are already plenty inflationary altcoins, anyone who wants to use them for payments already is, and anyone who tried holding them as investments has probably cut losses and returned to harder currency.

kudos for mining at a loss.

Right, that's why I don't think hardforking to tail inflation is feasible. Have you thought about how this hypothetical future might work in light of that as a non-starter?

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1 sat \ 0 replies \ @adlai 6h

there have been at least two hardforks[1] that created altcoins, both extending the block size. Both collapsed in value, the second one much more rapidly than the first, and neither of them even touched inflation. I suspect a fork adding inflation would get sold off in a similar way.

  1. wikipedia lists four, although two of them were forked from the first fork, and only two are direct forks of Bitcoin.

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