This just turns the current constant, into a formula which returns a constant. It would have the same problems as today, imho.
As price of BTC rises, zapping is going to go down....So its certain SN will need to lower prices.
Suppose BTC hits 500K USD....do you think anyone is going to pay $500 USD per month for a territory? When gross zapping is even lower than it is now?
My point is there needs to a way to build in future deflation into the model. Otherwise its simply not going to work.
reply
I think we're both correct. About two different points. :)
I see what you mean.
reply