I don't know, I just thought it was an interesting idea. Its obviously something that can't happen at this point, but I bet if Satoshi were able to see what bitcoins have turned into, he would have implemented a similar feature to bitcoins.
I see what you're saying, but it's complete bullshit.
Satoshi knew exactly what he was doing.
A currency/store of value does not need a built-in mechanism to encourage spending! Gold and silver are deflationary stores of value but were used for 6000 years as a currency. We don't need freicoin demurage bullshit or built in inflation or expiry dates on coins or anything like that.
It is not healthy to penalize responsible saving. Unless you are trying to create more of the spend-spend-spend rampant unsustainable growth bubble that is responsible for the current global economic situation.
In
this article, Professor Fekete says some interesting things about the role of hoarders in an economy. Even if you don't believe that, at least realize that penalizing saving is just going a step further towards the neo-keynesian bullshit that got us in this economic mess in the first place. We don't want to introduce a software feature that will
encourage people to live paycheck to paycheck; we don't want to turn the coins into hot potatoes. We already have a currency that you must spend before it loses its value - the US Dollar
