it's not just bare minimums to survive, it's anything they deem to be worth more than the sats adjusted for time preference. bare minimums are the easy choice because the preference to live rather than die is the easiest one to calculate at an immediate, intuitive level and is basically the same for everyone. but every other trade is also fair game and will look very different for every person.
what are you hinting at would be a better alternative?
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I'm saying a hard cap is a stupid design choice.
Just use fiat.
i'm personally an enormous fan of the fixed supply, but it's not one of the topics i'm a jihadist on. i could maybe imagine being argued into seeing the virtue of a continually issued supply, in theory, as long as it is a known and unchangeable rate.
that said though, not in Bitcoin. no way