Quote from: NoviceInvestor on February 03, 2018, 09:56:22 AM

Quote from: tuskacz on February 03, 2018, 08:05:27 AM

That's proof of bitcoin not being healthy. Good currency circulates well. Bitcoin not. Something went totally wrong with Satoshi idea.
So there should be bitcoin community tax put on hoarders otherwise bitcoin will not be good crypto. Like tax on land which is hoarded for speculation and not being used properly.
So if you have address and spend your bitcoins regularly you will have no community tax.
But if you do not spend from more tahn 1 year , your bitcoin value should be gradually decreaed to give you incentive to spend your bitcoins and help bitcoin world community grow.
Fantastic!

How would the market price of BTC react if there was some 'tax' applied like this to discourage investors? I believe that it would crash even further. How would such a tax be applied, and who would apply it if BTC is decentralised? Where would the tax funds go to?

I don't think this is a feasible idea.

I don't think it's the BTC concept that's wrong anyway. The problem is the way to mass adoption. It needs to be adopted by a lot of people to be stable enough.

Also the problem that, and it will be true this time again, after a crash the money (well, BTC) goes from the many weak hands to the few strong hands, isn't helping mass adoption.

I think a solution would be to, for many years or even decades, limit the amount of BTC that one person can hold. But, with it based on anonymous addresses, I don't see how you'd achieve that. But if you managed to initially limit the amount of coins one could hold, it would probably go to everyone quickly, without as much pumping, it would get a chance to actually be used.

Kloug

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