First of all, Nxtblog you have been making some incredible posts lately. I'm a fan and have started following you. Thanks for your contributions to the space - you sound like you really know your stuff.
Hey, thanks a lot!! I've actually been through the jitters phase that you and TBTP are going through now. But to be frank, there comes a time when ya realize that there's no way to be truly disruptive without risking trouble. That's just the way it is, even though I have definite mixed feelings about it.
For what it's worth, my attendance here is spotty because I'm working on a side project that I hope I can leverage into pushing crypto unto the masses. I'll say no more except that it involves Horizon, and that it'll have an "idealistic" side. To be frank, Bitcoin's new-and-strong bull market is a welcome blessing (albeit coincidental.)
Second, I think we are slowly finding consensus over at the Aeon [ANN] topic and on the subreddit about a perpetual 1% tail emission for Aeon.
Thanks for the update. The only strong opinion I have is, the emission rate should be simple. In money matters, there's an invisible line between sophisticated complexity and too-smart-by-half. Exhibit A: The Fed.
There's a lot of wisdom in Milton Friedman's k-percent rule. A predictable, fixed and simple emission schedule gives everyone a stable and easy-to-understand standard to truck and trade with. As a matter of pure economics, it also makes the process of reaching equilibrium states less difficult than otherwise. Give the need for a miners' subsidy for security's sake, a k-percent-rule system makes the collective task of reaching equilibria the least blurry: in this sense, it's the optimum.
Nxtblg out.
