[ItsMonkk]

Thanks for this post.

I know the only attempt at demurrage went so well that they shut it down after not to long, but what do you think this would have an effect on assets over time? Would the demurrage keep the money supply in check long-term? Would people still do what they do now and take out loans to buy assets? I fear that Cantillion Effects would lead to the same cycles we see today. Is your stance that there should never be an interest rate above 0%? Going to have to think more about this, but my gut is thinking is you don't need demurrage except to fix the system we're currently in, in which case it does a great job. But once it's fixed holding cash would go back to 0%.

> It's only logical that your money becomes worth less over time (if you assume it is durable). Keeping something in pristine condition requires an external energy input.

If there was one thing that was going to be durable, it should be financial in nature. I'd much rather see people hoarding cash than houses. PoW coins on the other hand, totally agree with you here. So I suppose I think the demurrage would be based on the upkeep required, and typical currency upkeep is small while PoW is large.