[chef0]

A deflationary system awards each market participant with an equitable increase of purchasing power relative to the increase in demand for earning more units through value creation. I'd imagine that would shift some social responsibility from being more centralized to being more decentralized. The Gini Index over time has only been trending up toward 100, signaling a growing environment of inequality. Having said that I do believe that we tend to oscillate between central and decentralized governance of social responsibility and technology innovation around how we transfer value (money) enables a shift away from one end of the spectrum.

[lottin]

> A deflationary system awards each market participant with an equitable increase of purchasing power relative to the increase in demand for earning more units through value creation.

What do you mean? Holding a currency involves zero value creation.