ericfj on Nostr: Very difficult to achieve yes. Not likely to succeed in early iterations. Maybe even ...

Very difficult to achieve yes. Not likely to succeed in early iterations. Maybe even an impossible balance to strike… nobody knows.
However bigger blocks not necessary. Layer 2s have base layer settlement needs from time to time which ultimately drive transaction value on the base chain up as they are used more.
Uncapped supply wouldn’t help… I think. Firstly I don’t think that it ever gets out of the first part of the game. Then also miners are never totally forced to coordinate economic activity and they are likely the biggest player in the endgame.
It might be an intractable problem. Just some faithful thoughts.