even with zero block reward and minimal fees, large holders who perform zero transactions will still mine in order to preserve the value of the network

this is not "mining your own tx", it is unrelated

this is "mining at a small loss to preserve your stake"

not only don't we need issuance or fees, but also the censorship resistance is not meaningfully improved with issuance 


On Mon, Jul 18, 2022 at 3:14 PM Erik Aronesty <erik@q32.com> wrote:

subsidy to directly tie miner revenue to the total value of Bitcoin
makes it not exactly how we want to incentivise a service that keeps


again, this is meaningless.   if the fees aren't enough to keep  bitcoin secure for large transactions, then large holders are incentivised to mine

that's it.

it's not complicated