Should 21 Million Bitcoin Be the Cap?

One thing that I love about bitcoin is how many different opinions there are about so many different aspects. Should we raise the blocksize? Is a 21 million cap a good thing? How can we increase adoption? All of these questions leave me pondering far too much.

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Ryan Selkis (@TwoBitIdiot), the Director of Investments at Digital Currency Group, posted a tweet stream about an hour ago where he pondered where a fixed 1–2% inflation per year may actually help with bitcoin adoption. Rather than misrepresenting any of his words, here is what he had to say:

You have a great weekend too, Ryan. Mine will be spent pondering the implications of both sides of this argument.

But to everyone reading, what do you think?

Is the concentration of bitcoin a big enough problem that dilution through inflation becomes necessary?