Quote from: SPQRCoin on January 23, 2020, 07:38:12 AM

Quote from: FullNote on January 23, 2020, 04:08:31 AM

Quote from: Enema on January 23, 2020, 01:30:52 AM

That idea is flawed and will not work.
Nobody likes to be forced to use money or any other valuable material like gold.
Most people need to save as wel before they can buy/pay something, thats going to be fun saving for a new car, study, every year you loose 10% of your hard earned cash. Grin

Well, imagine that you do not use money or have lost your wallet, then there will be a distribution of your money to the community. All money will be returned to circulation. This is an awesome idea. Apparently you have not fully figured out how this works. I recommend reading the documentation.

Yes, do not forget the fact that it is spending money that develops any economy, but not saving money that leads to a recession. In addition, no one forbids 1 time a year to transfer all your money to your own address.

I know that psychology is a major ingredient :
When people feel bad they will save money and when happy they will spend more.
Where I live economic experts tell us for years deflation is bad for economics because people will save money or delay spending it.
Well we have deflation and economic grow is one of the best in Europe.
So much for these "experts".
(I think we would do better without the EU since a lot of money is wasted on poor members.)

"...saving money that leads to a recession"
Again flawed, in theory you are correct but since people have to spent money for living and other necessity's it will never happen.

-Pascal Coin was the 1st coin that has that "feature".
-You can use a script and automate "refreshing" your account and with that this feature can be easily defeated.

-The more hashing power the bigger the rewards.
Which is good news for the big miners and leads to centralization.