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I believe my similar idea to be more funny. Government mints a currency that can be used to pay taxes (for example 2024) It uses the currency to buy products
by 6510 3y ago
I believe my similar idea to be more funny.
Government mints a currency that can be used to pay taxes (for example 2024)
It uses the currency to buy products and services from the private sector. It will have a flexible exchange rate.
You anticipate how much taxes you will have to pay and try to buy the currency cheaper than using the conventional coins.
A forex market will happen based on economic activity, how much collective tax there will have to be paid.
If there is a crisis there is likely to be more of the currency in circulation than the total sum of 2025 taxes.
After the final tax day the currency is worthless.