It can't. For example if you target a certain level of money velocity people could just spam large fake transactions and cause inflation. Bitcoin does enable s

It can't. For example if you target a certain level of money velocity people could just spam large fake transactions and cause inflation. Bitcoin does enable some interesting monetary ideas like demurrage, or constant recycling of the money supply. It also runs "open loop". This is implemented in some super small cryptocoins like Freicoin. https://en.m.wikipedia.org/wiki/Demurrage_(currency) https://en.m.wikipedia.org/wiki/Demurrage_(currency)