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I think literally destroying the cash would be a good solution except that the normal voter doesn't understand that this doesn't destroy value. So it would have
by jessriedel 2y ago
I think literally destroying the cash would be a good solution except that the normal voter doesn't understand that this doesn't destroy value. So it would have serious rhetorical challenges. (Also, the value accrues to current holders of cash; not sure whether this might be too regressive/progressive relative to the "default" way that transfers are made.)