I thought it characterized the essence of the argument quite well. You already know most of my arguments if you've read anything like bitcoin standard, so will spare you. With monero or BTC the difference is small enough (even in 50 years where BTC is effectively flat growth), that I think we're mostly in alignment that very small decay is best. If that's 0 or 1% probably doesn't make much difference. The greater problem anyway is how current system also directs new issuance (cantillion blah blah) imo.

its doesnt address the essence of our conversation*at all.* the question is "in a purely deflationary environment is innovation and economic growth incentivized enough?" hes like "yes, because increased producer efficiency" I'm like "no, because capital is now rarely allocated to increase producer efficiency" its true the market will adjust to whatever the standard is. irs just that a purely deflationary standard is probably pretty stupid.