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Awesome, thanks. It sounds like you're working on some of the ideas I've been mulling over this week. I like the idea of localizing the currency and having immigration restrictions. Localizing helps solve the problem of scaling pseudonym parties. Finding a world-wide, or even nation-wide time where everyone can show up in a group in order to verify their personhood would be tough.

I guess the next issue is how do you take that CPI, adjust, and issue currency in a decentralized / consensus way. Also, how susceptible to manipulation would these schemes be.

I would love to see a more economically sound cryptocurrency, rather than the deflationary mess that is Bitcoin.



Related to deflation - I believe there are demurage schemes for local currencies where the value of a particular bill lessens over time. It incentivises circulation instead of hoarding.




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