It's obvious that Bitcoin is lagging behind as a payment system with projects like Ethereum being more efficient at that, and EOS and ADA potentially set to become far more efficient than Ethereum. The problem is that these so called "Gen 3" blockchcains (EOS and ADA) both have systems incredibly similar to centralized finance, notably inflation. The inflation factor is the antithesis of what Bitcoin was created to prevent and in my opinion the original goal of blockchain seems to be lost with projects like EOS and ADA.
Which makes me wonder, could we have the technology of a payment and smart contract/dApp platform like ETH, EOS or ADA, combined with the limited, non-inflationary maximum supply principle of Bitcoin?
Because it seems to me that in order to have world-wide scalable "smart" blockchains that can be used practically for free, that inflation is necessary to compensate as a reward to miners/nodes. The one project to attempt to counter this is IOTA, but it's a centralized project, not decentralized.
Satoshi Nakamoto created decentralization with limited reducing inflation capped at 21 million, and is an immortal genius in our minds for doing so. Now how will we add scalability to the equation whilst keeping this principle, without introducing centralization or uncapped inflation? This seems like the next "hard problem". And I'm not interested in the current Bitcoin vs BCH politics, but rather a solution to this problem in a theoretical future blockchain.
Did satoshi really make bitcoin to destroy inflation? Then id say thats his biggest flaw. In that case Satoshi made nothing new, just turned the table and in 20 years we will have an elite of spoiled brats who did not do anything for their money. Inflation is nothing bad, Inflation is needed to sustain a society. Bitcoin will never be suitable for daily use because who wants to buy a pizza for bitcoin worth 4 bucks one year and a couple of years later that pizza is suddenly worth 200 000 000 dollar. Understand that inflation is invented so the machinery goes round. If bitcoin was the world currency it would mean that everyone just hodld their bitcoins because its value would rise for each day and every market would die. Inflation is there to make stability and make people realise that tomorrow the coin is going to be worth the same thing as it is today, hence a market is growing.
Inflation is not necessary to compensate as rewards for miners, fees would be necessary. But yes, to keep the chain decentralized the inflation must go somewhere, and in that case to the miners.
But no, i can see plenty of other ways of compensating the nodes/miners, Proof of Purchase maybe? (where those 5 or 10 ppl purchasing something at the same time confirms each others transactions).
i have huge doubts about all decentral nonproject "coins" that they will sustain themselves as they are just advertised hype coins,