Quote from: mczarnek on June 02, 2017, 11:19:40 PM

Hello,

I've been working on a new currency for a while now.

The idea is that because we can create very accurate decentralized IDs for our users, we can give new users their share of a new currency as we create it. Some work is involved with this creation process, so they earn it in exchange.

The potential issue is will new users claim their coins, then dump them on the market and walk away meaning that this process will cause heavy inflation. My argument is that we still have a per user value, which should rise with time due to increasing network effect and the more people they can use their money with. And as long as the percentage of people dumping, percentage of people using it as a currency, and percentage of people investing remains approximately the same, this should actually lead to more stable prices but gradually drift upward

I would love to discuss this with some economists.

Any thoughts?

If you are giving "free" coins to users, then there will be a tendency to dump. If the work involved in creating a new decentralized ID is too tedious, then you will not get many new users. If it is not, then you will get new users but there will be a tendency to dump. It is a tough trade off.