Post
Topic
Board Bitcoin Discussion
Re: Why doesn't Bitcoin consider a low interest rate mechanism to fight deflation?
by
NeuroticFish
on 02/11/2022, 09:12:17 UTC
Why not consider a fixed low interest rate mechanism to ensure that Bitcoin is more suitable for current economic activity?
For example, if you hold 1 bitcoin in an address, you will be rewarded 0.02 bitcoin after holding it for 1 year.
Interest is calculated and paid every year or before you will pay to another address.

Why award the wealthy instead of awarding those who actually work for it? No. As I said here, Bitcoin awards meritocracy, not oligarchy. And that's just perfect.
Is this meant to be just a more subtle way of asking "why not PoS?"? Because that was answered already in another topics.