Surely “XCP isn’t coming back” and “deflating XCP supply”, are trying to control what should not be controlled.
The only worry would be if XCP was to run to zero. I don’t see that deflation would hold for very long before seeing a push back against that. The deflation you fear, I wonder, would happen quickly and then stop - so there’s a risk of volatility and perhaps even some pump and dump contract that exploits that but my default is optimistic - I don’t see the benefit in being pessimistic and controlling markets. The whole point of contracts and market for XCP is that demand will match reality.
I’m not sure I understand Option 2 to Freeze XCP, beyond what I would expect contracts would necessarily do to ensure collateral against commitments they make.
Guessing the liability, is a liability… let the risk float free and have the market sort it out. The worst case is the XCP real world price rises and draws attention. XCP surely is fractional enough to absorb that and I would expect is well distributed by now not to be contentious relative to any hoarding - good luck to those who gambled/supported and won the bet.
XCP is a route to drawing in community and perhaps more devs, so the risk of its value rising comes with benefits perhaps?
I’m happy to default to what the devs consider is best as they know the risks and tech better than I do but would suggest there is benefit in making available real capability that is not limited by devs fear of what might go wrong. A testnet won’t get real world use as quickly as it might; I wonder better on mainnet with the obvious unnecessary caveat suggested wherever that’s needed that users of alpha EVM should research the risk and take that risk on as their own - ensuring their contracts are limited and fail safely.
Lastly, I’m still stuck wondering how XCP would go out of control deflationary, in the case that XCP necessarily holds real world value that rewards real resources that action those contracts. So long as the providers of resources are not neglecting their own interests and accepting work at a loss, why would there be a problem?