It's a success today, we haven't gotten to when they stop issuing any more, and mining is funded by transaction fees. I suspect there are going to be some problems then.
> Like what? As far as I can tell, it will solidify its store of value.
Which is the bug:
> No currency should be able to buy the same basket of goods over very long timespans through hoarding. If you want to retain the purchasing power of your money, it should participate in society via investment.
That’s a “hot take” that people take as an axiom. What if it isn’t? What is the precise definition of “participating in society”? What level of earning and spending is considered morally good and who’s to decide that? (Meta questions arise when discussing conflicts of interest of the deciders.)