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RE: What if you had to spend your crypto currency within a certain length of time?
That's a tax on money out of circulation if I understand right.
That's a tax on money out of circulation if I understand right.
Correct. It can also be seen as galloping negative interest. SPEND OR DIE!!
Hmm, is that a dramatization? I don't think anyone has to die. It's just a fail-safe to prevent the concentration of wealth into a tiny group of people.
If you aren't spending your money, how badly do you really need it? How much extra ( beyond the standard of living cost) should you be allowed to have for personal gain?
Exactly. I can only smoke so many Cuban cigars in one day ;)