What if you had to spend your crypto currency within a certain length of time?raenphve (0)(1)in #altcoin • 8 years ago (edited)(Image not shown due to low ratings)Images were hidden due to low ratings.Show #bitcoin #cryptocurrency
BRING ON STEEMIT DEMURRAGE!!
Correct. It can also be seen as galloping negative interest. SPEND OR DIE!!
Exactly. I can only smoke so many Cuban cigars in one day ;)
To answer your headline: Nobody would use it (outside an idiological circle)
And yes, that has been done several times by conventional money.
In case of crypto currencies that system would just be moved around by everyone having 2 wallets.