>>60852347
>It would however incentivize people not spending their XMR
I spend Bitcoin all the time. The only reason I do is because it goes up in value, giving me extra cash to work with.

>not spending their XMR thereby making it less of a liquidity
XMR going up in value would increase trading liquidity (1 XMR is paired against more USD or BTC, greater attraction to liquidity providers, more hype) which ultimately would lower volatility. Monero was actually less volatile than Bitcoin before the Binance delisting and recent whiplash in the price. As much as you nerds reeeeee about centralized exchanges and moonboys, they were better for Monero as money than what you have now.