Ethereum is easy to change (hard forks often) and so cannot be expected to preserve any key characteristics like emission curve or even the permissionless nature.
In fact, Ethereum's monetary policy did change in the past.
631 karma · joined February 1, 2013
In fact, Ethereum's monetary policy did change in the past.
Increasingly, "more regulation" seems to be the go-to solution for any and all societal problems.
There seem to be no free market capitalists left on HN anymore :(
Say Monica runs a clothing shop and sells clothes (including face masks and sun glasses) to people she suspects are drug dealers.
And we are not talking a single pair of sun glasses - she is running the clothing shop 8 hours a day, every day, for many years.
Well, she facilitated criminal activity and must go to jail, right?
Nah, we had this kind of ban on western fiat currencies in communist Poland. And guess what, illegal p2p trading of USD worked just fine.
You are mistaken, Sir. We are legion.
In the long term though, it is inevitable, like all technological progress in the World.
You can only contain it for so long.
Obviously, the services will still be necessary where Elixir simply isn't the right tool for the job like machine learning or cryptocurrency.
Bitcoin value is that it is extremely hard to change, especially when it comes to fundamental properties, like 21m hard cap.
You can actually rely on Bitcoin's monetary policy to be fixed forever.