Sunday, June 17, 2007

econovation: expiration of money

what if money expired? what if coins and notes and e-cash had a "use by" date?
what would happen to an economy based on time-limited currency?
hoarding cash would be silly, obviously. so is this an idea worth kicking around?
I dont think i've seen it before

there are examples of things like this (air miles, air time on cell phone contracts etc) so why not just apply it to the base exchange tokens themselves?

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