Sooooo, the issuance reduction debate⦠š
My journey with this topic started with a āthis is dumbā initial reaction back in 2023, and has evolved to āthis CAN makes senseā recently. I am still against the proposal, but let me walk you through the thinking process. I think a lot of the actual nuance is buried in a sea of vague arguments. Letās try to fix it!
I am not against capping issuance as such, I recognize the security argument as potentially valid. The app layer stack would be able to take the pain and work with it - if the fix and the arguments seemed more solid. I don't see that being the case right now.
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