Re:IRS Says ‘Dozens’ of New Crypto, Cybercriminals Are Ident...
by HammockWarrior on Tuesday November 12, 2019 @01:50PM
(#21516867)
That would also be interesting because it would essentially make the cryptocoins non-fungible. For example, people might be willing to pay more for a coin if it was used in the past by a movie star.
And finally, if/when the cryptocoin is ever decirculated, and/or held for too long a time period in a single individual or entity's account...
The IRS would love such a system, but also every Professor of Economics (and government financial policy makers) would, too...
Such a system would exist as the nexus between cryptocurrency, hard identity, transactional tracking, big databases, regulation, macroeconomics, and monetary/fiscal policy.
If a rule was made in the system to automatically take 1% out of the accounts of the account holders that earned/owned the most, and equally distribute it (every year) to the accounts of the 1% of account holders that earned or owned the least, then basic income could also be created by the system...