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A comment on The political case for a blanket cryptocurrency ban. Parent comment

Re:The political case for a blanket cryptocurrency ban by rybosworld on Wednesday March 31, 2021 @01:17PM (#26650055)
That's mostly a matter of economic incentives. It's technically possible but it's similar to the idea of a rich person lighting a pile of money on fire.

If a proposal to raise the cap is introduced, price would react negatively, hurting miners, and making it more (relatively) expensive to mine. It's unlikely there is any scenario where it is economically feasible to try to raise the supply cap.

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Re:The political case for a blanket cryptocurrency ban by notahacker on Wednesday March 31, 2021 @01:23PM (#26650140)
A [relative] lack of block rewards to earn hurts miners too...
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Re:The political case for a blanket cryptocurrency ban by tome on Wednesday March 31, 2021 @01:26PM (#26650184)
Can you point me to some more thorough analysis of your claim? I've heard such things before but I've never seen it modelled and worked through. Until I see such an analysis I can't help thinking the argument is "we've thought about it a bit and it seems like it will be OK".
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