The advantage that Monero currently has over virtually every POW coin and this includes Bitcoin, is that Monero has a current working solution to the scaling of blocksize question. One needs two things 1) Adaptive limits 2) A tail emission. Solving this problem without a tail emission is far from obvious, In fact I am not even convinced one can even create a viable fee market in the absence of an emission. There is a reason why there is so little progress with the blocksize debate in Bitcoin.
It sounds like you're saying that it's impossible to solve the blocksize limit without having a tail emission. If that is what you're saying, will you elaborate please?
I do understand that both of those are advantages that Monero has to bitcoin and I think they will play more of a factor going forward.
Also, do you think that Satoshi believed bitcoin could work with transaction-fee only mining and as a deflationary asset... or was it intentionally crippled from the beginning?
I only recently started to understand this logic, so here's my attempt at explaining it. Basically, if you have a hard blocksize limit, you can charge fees to enter the block - because space in the block is precious. Hence, the system can sustain itself via fees. If you have an adaptive blocksize limit, space in the block is *not* precious, therefore, there's no real driving force to maintain fee pressure. Thus, with an adaptive blocksize, you need to always provide a block reward, because the space in the block doesn't become rare as time goes on. Indeed, the more the network is used, the bigger the blocks get.
I think, part of the the disconnect in the system re: fees and size is that size of transaction != value being transferred, for any coin network. Those currently using the new wallet sweep_dust (or whatever) can attest that these tiny outputs make huge transactions and are worth crap.
I do sincerely believe that Satoshi believed bitcoin could work with transaction-fee only mining, and a hard blocksize limit. I was going to launch into the differences in visions of things, but thats been discussed elsewhere to death.