critique:
1. bitcoin supply of 21m is not an issue. infact there are at code level 2.1 quadrillion units of measure. called sats. many people have said a unit of measure called bits(100 sats) would result in 21 trillion units of measure. which would be ok as a global medium of exchange unit.
EG 1bit ~ $1 1sat ~ 1 cent
if you think of bitcoin as "$1mill" or a tonne of gold.. and then think of bit as $1 or a gram of gold. you start to see that there is enough units of measure to go around
2. exchange markets are not influenced by the entire coins of circulation. or by the coins produced by a block.. the exchange markets are influenced by the amount of coins that had been voluntarily deposited on an exchange and then user chosed as to how much to put on a order line.
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to explain further. even if we halted bitcoin production right now at ~17m coins. the markets will still fluctuate. one day an exchange may have 200k coins depositied but the volume per order line might only be 0.0001btc per price spread. meaning its very easy to move the price by just buying 0.0001btc. where as another day ach order line/price difference had 1btc per line. meaning it cost alot to move the price.
. then another day thier might only be 50k deposited because people are holding.. but again inside the exchange the orderlines could be thick or thin.
so in short. production does not control market suply/demand. for the simple reason that the current ~17m coins are not all locked into exchanges to be treated as 'supply' and not all coins that are deposited are sat on order lines.
3. though code/mechanics of economics cannot control markets. i understand your belief of your ida is more about persuading the emotions of trader speculation by hoping inflating/deflating mining rewards will affct their emotions.. but i cant see it happening beyond the first month. and then after that i would then see miners abusing the system to 1 month get thousands of coins. to then. get the price to drop.. to buy even more coins cheaply. to cause a price rise. then when the rewards slow down. they mass-sellof at a high. and they repeat this. causing constant waves bi-monthly
summary
i dont think its a solution to a stable market.
I have actually already solved the majority of these problems. You did make some decent points but it is not really about the unit of measure. It is about the value and they are two different things. One day my Bitcoin is worth 9500 and the next day it is worth 8500 and the next it is worth 12000. That is not even remotely reliable on so many levels for businesses or for individuals. As a general rule, people will not adopt such a thing as a currency but rather just speculate off of the volatility. The price can indeed be stabilized through a supply algorithm without much of a chance for manipulation and I will prove it in the summer. I simply posted this at the beginning but now I have a lot of data to back it up.
