Post
Topic
Board Economics
Re: Ideas for more efficient distribution of money?
by
AnonyMint
on 22/11/2013, 12:23:57 UTC
I am thinking the faucets are for people in the developing countries. They don't have a computer to mine with, but they have a cell phone. If we can leverage the cell phone somehow to make sure the faucets are not being gamed by the large capitalists, then I would be very happy if we could distribute say 10% of the coins to the developing world, then 90% to mining.

That would create unfathomable network effects.

I think we should distribute them daily or weekly, so the recipients can spend them (or save them) on everyday things. This should or may drive transactions and merchants through the roof and make our coin so much better than Bitcoin.

What you need to do is to make them destroy the same value when they gain the coins. Digging holes, taking pictures of them and filling them? Slaying WoW monsters? Turning electricity to heat? Extract minerals from the ground?

This makes it equitable, and the rich will just buy it from the exchanges.

Even waiting in the line will qualify for opportunity cost..

Damn the fart of Keynes is suffocating me...

How can you mop up 0.001 BTC at the exchanges? I think they are much more like to spend or save them.

You are missing my key point, I make it too small for you. You will buy from the miners instead.

I would love to see you refute this.