But the 101 proposal of doubling every couple years is pure insanity.
This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
That reminds me of the Statists who claim that government expenditures should be based on need. What is not said but logically follows is that whoever determines the "need" ends up with all the power. Let the market decide.
The problem is that the market does not decide in this case. It's the "Hearn and Gavin" show that propose their decision. The market has no say, well... until the fork actually happens and then bitcoin and Gavincoin can trade freely against one another... that will be interesting.