> Bitcoin's emission is not that simple either with the reward halvings every 4 years. A fixed block subsidy (i.e. pure linear emission) is not only simpler, but arguably fairer too, avoiding a concentration of wealth on early miners/adopters, and leaving later generations more than mere crumbs.
The halving is probably the reason for the high tides of Bitcoin prices and the inflow of capital to all of cryptocurrency.
Agree, PoW + halving was good for the bootstrapping phase. Now it's a ticking time bomb with no obvious way to change course. Best solution of course is for bitcoin to adjust the schedule and do one final cycle to distribute the remaining coins, and then transition into being an Eth rollup, but good luck with that argument.
The halving is probably the reason for the high tides of Bitcoin prices and the inflow of capital to all of cryptocurrency.