this post was submitted on 09 Feb 2024
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Back when the crypto craze was in full swing I asked "so are there any inflationary cryptocurrencies" and the answer I got was "something something deflation good, something something stable coins".
Of course it would be completely technically feasible to do with blockchain technology but despite numerous claims to the contrary,
{cryptocurrency enthusiasts} ∩ {people who do not want an inherently deflationary and therefore speculative currency} = ∅
Which is strange, right? There must be more weirdos like me who remember Beenz, and got nerd-sniped by that Alan Watts "money isn't real" bit. I only know about David Graeber thanks to general popularity before his untimely death.
You figure the fediverse would be sloshing around some anarcho-whateverist lira that dwindles to fuck-all if you sit on it for a year. I'm left wondering if I could jump-start it as part of a shitty mobile game. Log in for daily rewards! Invite your friends for more! Eugh.