[rafaelero]

Let me try.

If you were to create the best monetary system, how would it be? The answer to that is a system with a policy that simply doesn't change. That's the best system because predictability is the only quality that matters when you are storing value. The best governments in the world try their best to achieve that, but they always fail. How then can we achieve that? With decentralization. That's a very expensive, inefficient and slow way to go about things. But it is all that matters if we want to build a sane monetary system, which doesn't allow anyone to change its emission rate. No "crypto" achieves that same trust we all have about the decentralized quality of Bitcoin. That's why they don't matter.

[tromp]

> which doesn't allow anyone to change its emission rate

Bitcoin changes its emission rate every 4 years. A fixed emission rate is far more desirable. Something like 1 coin per second forever looks more attractive and immutable than bitcoin's arbitrary capped emission, that doesn't guarantee security in the long term when block subsidy runs out.

[rafaelero]

No. The policy is set in stone. 100% predictable. That's what I am talking about; it doesn't matter if that policy implies a 4 year halving.

[tromp]

The emission curve is set in stone. But you talked about emission rate, which in Bitcoin's case halves every 4 years.

[Balgair]

thanks!