Polkassembly Logo

Create Pencil IconCreate
OpenGov

Notice: Polkadot has migrated to AssetHub. Balances, data, referenda, and other on-chain activity has moved to AssetHub.Learn more

View All Discussion

Money Demand

userDeEmin
2 years ago

Hello, my name is Emin. I am working on cryptocurrency demand. The idea I think about is very different from other products. It is not similar to any of them. That's why I'm thinking of asking a general question. Imagine that a cryptocurrency pays a fee at certain intervals instead of deducting a fee from the transfer. To balance the demand for money and ensure price stability. Let an algorithm determine the time slots for which the fee is paid. This algorithm is connected to a machine that calculates historical data, so if demand has shrunk the previous day, it will encourage and protect demand. You think a cryptocurrency that pays fees will create massive inflation, right? Well, imagine a money that is never transferred - never used, that is, with 0 demand. Technically, the demand for that currency is actually decreasing. Isn't the supply of an undemanded product always inflationary?

Comments (0)

PleaseLogin to comment

Help Center

Report an Issue
Feedback
Terms and Conditions
Github

Our Services

Docs
Terms of Website
Privacy Policy

A House of Commons Initiative.

Polka Labs Private Limited 2025

All rights reserved.

Terms and ConditionsTerms of Website
Privacy Policy