Stop press - coin invented whereby one man can't make dollar off the back of another
Why is that radical ? Even worse than that - why is it viewed as anathema/ridiculous ?
Money, as selected by the market, should not degrade easily. So it is just worse money, and will not be selected by the market. So it will not take off.
The ideals behind it - it is bad also. When you have saved, you will want to keep it, and use it for whatever you like when you like. It is the whole point of saving. Freicoin is unethical, in addition to not taking off.
And third, the effect of being unable to save, is just less saving, hence less investment, hence less prosperity. It is basically what we have with the fiat system. The endgame is implosion. So the effect is not so good either, when we disregard the ethics and the fact that it will not take off. But the bad ethics is really enough to say no to it.
