Re:Central bank cryptocurrencies
by ttoinou on Tuesday September 19, 2017 @09:18AM
(#15284317)
If you keep the same deflationary money over the years, you are making a profit. So what's "good" is not a money which supply grows or shrinks, but a money with which people can make good predictions and plans accordingly.
Plus, burying your money is withdrawing it from the money supply, maybe it has effects like "giving it to everybody" ? (added the risk that you can dig the money and put it back into circulation)
Plus, burying your money is withdrawing it from the money supply, maybe it has effects like "giving it to everybody" ? (added the risk that you can dig the money and put it back into circulation)