There's another change that needs to be talked about too: we don't believe that microscopic levels of inflation achieved at 9 or 10 years will secure a proof-of-work network.
It's not microscopic at 9 or 10 years, with the revised schedule. Take a look at the graph a few posts back. With the original schedule, that is more the case. With the revised schedule this is more an issue of 20 years out.
I'm not positive but I think most of the other alts such as doge have much shorter schedules, so the issue is more urgent there.
Because I bought BMR with BTC, priced it with incorrect information, and my share relative to the eventual maximum has been halved. Oh well. The rest merely mined coins that never should have been mined. The "taking away coins" isn't a symptom of the fix: it's the fundamental thing that needed fixing. The result is more egalitarian and follows the original intention.
