Aug 29, 2017 · 1 min read
Demurrage crypto has been tried and it’s been a spectacular failure. But I think it’s a chicken and egg problem. No one but the most curious ideological purist is going to signup for a coin with demurrage as a feature compared to greed. It could work to be implemented later on on top of a post-PoW/PoS pre-existing crypto if finely tuned to be just small enough to increase “hot potato” demand, but not so large so that participants are all but indifferent to it.
The central bank interventionism model is also being tried soon in crypto.
