another way to address your point is that a "theoretical" will never trump a "known".
we know MM is less secure than direct mining. we don't know that a new untested "innovation" will exactly counter weigh the value of less security.
we know MM is less secure than direct mining. we don't know that a new untested "innovation" will exactly counter weigh the value of less security.
remember a week ago when you proposed that your anonymous sidechain would be so attractive it would effectively siphon all the BTC out of the mainchain
now you are not so certain about "innovations" because they don't fit your argument ?
via a speculative attack.
point being, there are many scenarios here where problems could occur.
and the beauty of open-source is the mind share of all of the Bitcoin community can work together to mitigate these problem scenarios..
the obvious point here is you choose to focus on doomsday scenarios without ever considering the successful ones.