3 ms·
Creators of fiat currency call that the "price of money" or "interest rate", which right now is at around 2%, but running "community resources" sounds more like
by jarfil 7y ago
Creators of fiat currency call that the "price of money" or "interest rate", which right now is at around 2%, but running "community resources" sounds more like what a government does, with its 30% cut from taxes.
- jonathankoren 7y agoYeah, it’s basically a tax, but a tax going to a private individual instead of an accountable organization controlled by the community.