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RE: Hypothetical Price Stable Crypto Currency with Basic Income
Once the interest rate hits its maximum allowed rate, the size of the basket the BIC is pegged to will adjust downward until a peg is achieved. The downward adjustment in the BIC would remain as the new baseline. This is a one-way downward latch.
This is a fatal flaw. You're describing an inflationary currency, since over time it will end up having less and less purchasing power.
I don't think this is a very good idea.