The Homer Simpson of cyber liberty
If you have a commission on every exchange, > the money essentially deflates (there will be less of it tomorow than > there is today, making it more scarce, and thus more valuable.) Thus > it makes > sense to hold onto it, making it illiquid, which is a bad thing for a > currency. Since this is magic money, why not issue more of it now and > again?
https://www.mail-archive.com/cypherpunks@minder.net/msg13510.html
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