RC Deflation Causes Stagnantion

Resource Credits are an extremely valuable asset on Hive.
We mint them "out of thin air".
They are one of the original forms of yield farming.
Without them, we should be unable to transact.
We need a relatively high amount of Hive to make them useful.

You need a variable-cost pricing-model.

In January I wrote a post about the deflationary aspects of the RC system and how they are potentially damaging. Neither model is better or worse than the other; they are just vastly different and perhaps even diametrically opposed. We need to be aware of these differences in case any problems pop up in the future.

Not really a problem at the moment.
As they stand now, no one really gives resource credits a single thought. Anyone with enough powered up Hive simply does whatever they want to do... for free... with 3 second block times. If it aint broke don't fix it, amirite?

You need a variable-cost pricing-model.
This is the problem with RCs that people don't get.
It is a problem that POW networks have as well. Think about it this way: ETHEREUM gas fees have not increased one bit. Or rather, the Ethereum to pay for gas is the same, but the USD cost of Ethereum is x10 higher than it was two years ago, and thus we interpret that as the gas cost going up x10 even though it is exactly the same (or close) to where it was two years ago.