kaal:claim:3402701-027

Holding taxes are the implicit result of inflation borne by coin holders, and they should be set to account for the inefficiencies of the economy rather than the inefficiencies of maintaining the currency.

Source quote, verbatim

Holding taxes should account for the inefficiencies of the economy, instead of the inefficiencies of the maintenance of the currency

From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019), 3.2 TRANSACTION TAXES VS. HOLDING TAXES, p. 24
https://ssrn.com/abstract=3402701 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701

Classification

designsupport: arguedtokenomicseconomics

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