Post
Topic
Board Economics
Re: Proposal: Idea for a much more stable bitcoin
by
Vitalik Buterin
on 06/07/2011, 23:43:39 UTC
an emergency fee of transactions (in percentage, calculated by severity) could be imposed and destroyed, which would stop the hyper inflation very quickly and effectively.

No, that wouldn't. It would reduce the number of coins out there, but it would reduce the value of each one even more since it would become nearly useless for its only purpose, spending.