BTC SHORT - Flawed Inflation ModelNot looking so good for btc... I guess that's what happens when 80% of the supply is in control of 0.1% of the population... Creates an on-boarding bottleneck which mess with price stability.. The block-halving mechanism used for the inflation model and ultimately the building blocks of crypto's incentive model, is flawed.
Coins need to use a sigmoid function following the diffusion of innovations theory. Meaning the supply of coins grows with the amount of users.
As popularity ramps up, so does the amount of new coins been minted in the block reward. As the growth rate cools down after 50% of the population has on-boarded, the amount of new coins coming into existence slows down.
Once nearing 100% adopting (Diffusion) the rate of new coins coming into existence needs to slow down to the same rate as the global population growth itself taking into account both death rates, birth rates, and lost/to-be-burnt coins.
This is where I present my solution, Zerozed x0z.... But I wont advertise here. I shall only preach.
