Is it though? You can see on this app how a failure of the network could occur: https://www.btcsecuritybudget.com/

Tinker with the success/failure thresholds if you want but you get the general idea.

Peter Todd's idea to solve the problem may not be necessary. Maybe spacechains or some other similar solution can provide enough funding for miners, but I do agree that we're essentially gambling the most important asset on what is essentially a meme.

There's a web app that illustrates how this could be wrong: https://www.btcsecuritybudget.com/

You can change failure/success thresholds in the settings, but you can get the idea pretty quickly just playing with the sliders.

That's not to say inflation or tail emission is a good idea either, but I think more people ought to be taking this seriously as its potentially an issue coming sooner than later.

Also: