Bitcoin's 4-year block-reward halving schedule arguably hurts stability - an important feature of good money.

The halving of the inflation rate drives prices up strongly, causing a fomo wave, but when the hash rate catches up, prices fall back down in a destructive crash.

Why not use a 0.0000033% per-block reduction of the block-reward (to achieve the same halving in 4 years, but smoothly)?

This per-block reduction can be implemented to begin 2 years after the 2020 halving, in 2022.

This way, miners don't lose anything. Many miners have been put out of business by the wild price fluctuations, so this might be a welcomed change.

This should support a smoother price increase curve, and therefore also help bring new users, who are now unsure when to enter the market and when to hold, as well as prevent the industry-wide destructive crashing waves of huge price falls.

If there was a constant upwards motion, and not big spike, then 3 years down, then adoption demand should be high and constant over the entire 4 years.

Bottom line, do you think it would be an improvement, if it could be done smoothly in 2022?

https://twitter.com/cotrader_com/status/1066861393528463360