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RE: Coindesk Libels Dan Larimer
saving money is not a detriment to anyone else. this is ridiculous. Freely exchanged and traded is by free will. Yes, by definition, you wish to force people to spend. At any rate, your model is the same flawed model we are operating under now. i.e. spending is good so we need to create a credit bubble to give people ever more money to spend to "help the economy"
The "stick" approach, where your buying power gets reduced overtime, is clearly a non-starter. I regret framing the idea that way, the "carrot" seems a much better way: Provide an incentive to spend the credits sooner rather than later. Say by a diminishing reward/bonus for doing so. Saving is fine, you can still accrue interest at market rates, but if you spend newly received inputs, you get a bonus for doing so, that bonus would rapidly reduce.