4 ms·

I don't disagree, but some thoughts occur to me: 1) the design of a currency might require paradoxical decisions - that is, popular choices for how they should

• Frondo 12y ago
  Yes, agreed, with a clarification-- If the people chose to adopt a digital currency, that choice should be something that's also revisited periodically. Either directly (i.e. a citizens' initiative to change its inflationary/deflationary policy) or by way of our elected officials (i.e. "Vote for me, my stand on digital currency is X!"), it should be possible for the people to decide a new course of action every so often. After a few years of living in a digital currency-enabled world, we'd have a sense of whether we wanted to keep the policy the same, change it, roll it back entirely, whatever. If it's something we could vote on, then great, democratic principles intact.
  • joshu 12y ago
    Yes, excellent point.