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I didn't see much new there... perhaps except for the talk on currency 3.0 that fixes bitcoin's deflationary problem. I wonder if we'll see some new digital cu
by tunesmith 14y ago
I didn't see much new there... perhaps except for the talk on currency 3.0 that fixes bitcoin's deflationary problem. I wonder if we'll see some new digital currency that has something of a decentralized algorithmic fed that can increase/decrease a monetary supply based off of certain rules.
- dllthomas 14y agoDivisibility fixes an important piece of the problem of a fixed maximum number of bitcoins. It doesn't address the deflationary-spiral piece (holding bitcoins means fewer in circulation, means you're paid more to hold bitcoins, means there's fewer in circulation...). Freicoin adds demurrage to attempt to deal with that piece; I'm curious as to how effective that is, but it seems plausible that between the two there's then no real issue.