bitrexx (1)(1)in #steem • 10 years agoA demurrage crypto-currency system for SteemDemurrage defines money as a medium of exchange instead of a store of value. No longer is money an exception to the…bitrexx (1)(1)in #steem • 10 years agoIf Steem Backed Dollars are like private debt, then they fundamentally cannot be used as moneyMoney as debt inflates, gets debased, and ultimately vanishes. Steem needs demurrage to be proper money. Steem and…bitrexx (1)(1)in #steem • 10 years agoA demurrage crypto-currency system for SteemDemurrage defines money as a medium of exchange instead of a store of value. No longer is money an exception to the…bitrexx (1)(1)in #steem • 10 years agoIf Steem Backed Dollars are like private debt, then they fundamentally cannot be used as moneyMoney as debt inflates, gets debased, and ultimately vanishes. Steem needs demurrage to be proper money. Steem and…
