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>> I'd like to figure out how to build a cryptocurrency that is useful for conducting actual business but toxic to investors. Yes, perhaps a currency that you
by georgeecollins 5y ago
>> I'd like to figure out how to build a cryptocurrency that is useful for conducting actual business but toxic to investors.
Yes, perhaps a currency that you could trade quickly and cheaply all over the world, with 2-3% reduction in its purchasing power each year so that no one has a reason to hoard it or speculate. I wish we had the technology to create such a currency./s
- __MatrixMan__ 5y agoWe lose a lot more than 2% each year to wasteful policies designed to ensure that investors get their returns. Downtown there are hungry people, downstream there are thirsty people, and yet my HOA won't let me stop watering my lawn, nor will they let me replace the grass with something edible. And if you won't accept food and drink as part of that 2%, consider the more measurable economic costs of the climate of of unrest that these practices create.