Right now security comes from almost fully from ~1.8% inflation.
In November mempool was inflated to ~150MB and people were rather waiting for
cheap transactions back.
Instead of being happy that system is closer for a while to default working
area.
Deflation in Bitcoin is not 1:1 matter like
> is surely better than not delaying it.
I might agree, but I don't think it really solves the problem well enough
to be worth it. Any solution that would solve the problem better would make
delaying halvings unnecessary.
> there is non-zero risk that people will hoard it more and more, according
