Bitcoin just feeds into the problem this article's proposal would exacerbate. Bitcoin is designed to be deflationary. There are a limited number of Bitcoins tha

Bitcoin just feeds into the problem this article's proposal would exacerbate. Bitcoin is designed to be deflationary. There are a limited number of Bitcoins that will ever be produced. So as population and productivity grow, there is less and less currency to utilize for the necessary economic activity, and that economic activity would have to slow down. A Bitcoin-based economy would rapidly drain all capitalist incentive from the market.