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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

People will hoard your currency which is feeding their greed and other sins , if you put anonymity as a protecting veil in it. So you gotta mitigate this problem, by making the hoarding very hard in a timely sense that means putting a negative exponent in the equation that defines the "growth"-direction of the money or inflation /deflation as a given starting direction / constraint. If you can hold people accountable for "bad" hoarding by putting anonymity out of this system, you can go after the people doing this quickly enough, because the positive "growth" (it is only virtual, because you can't generate worth exponentially only in a O( nx ), or polynomial sense) generates enough overflow money for it. But you put in the old might and hierarchy-questions there also again.

And i don't like hierarchies, that we all know failed so often. Its either a meritocracy or plutocracy at some time point then again. But you can mitigate this one, by tightening other screws and putting some sand in that gearbox that defines the hierarchies of the whole new system. How corruption can be defined better to be solved is the real brain bomb for me, if you choose the old direction. Another question for me is: where you loose more energy, so more or less which direction to choose here is better.

[–]itsoktobewhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

negative interest

Isnt that just inflation?

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

No. To understand this imagine money as rl stamp cards. In our currently (most of the world) implemented money systems, every money unit generates stamps over time if taken out of the system from the owner to save it up for worse times and enough new stamps generate a new money unit. Negative interest means, you loose stamps on every money unit over time, so it makes no sense to save it up that clearly, because you loose some of it by saving it over time.

Inflation / Deflation on the other hand is the change in the relation of the growth between the rl economy ( produced new tangible goods ! ) and the amount of money in the whole system of the currency.

[–]itsoktobewhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I see your point but I dont understand how they aren't effectively doing the same thing.

Negative interest - you take money away from hoarder.

Inflation - the hoarders money has less buying power over time.

Inflation is why people generally dont hoard money. They invest in things to make the money grow. So wouldnt some form of 'negative interest' system on wealth not money work better. Something like once you hit a billion bucks that is enough. You can still generate more wealth but you must give half to the needy.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I think now, this is an excellent idea. But the greed problem stays and that is why i think there still will be people trying to circumvent it just for the kicks.