Quote from: jtimon on June 29, 2012, 09:36:07 PM

Quote from: MoonShadow on June 29, 2012, 08:06:14 PM

Quote from: jtimon on June 29, 2012, 07:41:44 PM

What I'm saying is that money should not try to perform the function of store of value and my island example was in fact an attempt to prove that it is not even possible.

There it is, right there. Your great fallacy. Money doesn't try to do anything. It's an inanimate object and/or an abstract concept. Money doesn't do anything that people who use it aren't trying to use it for, and if people wish to use it as a low risk store of value, then that is what it is for. Any attempt to design a monetary system that deliberately tries to alter the behavior of those people to do with it what they will is doomed to failure so long as there exists an alternative that avoids those 'features'. Since such a cryptocurrency already exists, designing an alternative to bitcoin that uses demmurage must have some other overwhelming advantage to the user to ever stand a chance to develop an economy in the first place.

Money is a tool with lots of alternative designs. Money does affect the way we value things and act. For example, capital-money lead us to think in the sort term, as I've tried to explain many times with the tree metaphor.
Maybe Bernard Lietaer can convince you. I recommend you to listen to him.

No, he can't.