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 "text": "The token economy is inflationary at equilibrium, and this inflation is a feature rather than a defect because it improves security and discourages rent seeking holding of reputation.",
 "author": {
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  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018). SSRN: https://ssrn.com/abstract=3125822",
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  "name": "Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A",
  "datePublished": "2018",
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  "rent-seeking",
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 "abstract": "The conclusion is that the economy is inflationary at equilibrium, which improves its security and discourages rent-seeking.",
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    "assumes fees keep entering the system and new tokens are minted with each fee"
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