Generally fair point, although i'd say it is reasonable to assume that the information of a reduced total opposed to the uncertainty of dormancy would, ultimately, effect behavior/price. As for any particular proposal, i did not follow any debate, im simply reasoning against the statement made by Odell, and in general my point would be that any contention would be short lived compared to the long term effect of a structural supply reduction (i can wait a few years).

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Yea there just seems to be a general misconception in bitcoin that hard cap means up forever. It does not, it only means up forever if demand increases forever. If it reduced supply of active supply then yes if demand stayed neutral with less “active” supply that would change the supply demand dynamics and effect price. The risk is if people somehow missed the news and didn’t upgrade and lost their coins. But again miners will direct their hash to the more profitable chain. So who knows what would happen.