民主时基加密货币PoPCoin的经济学原理
Economic Principles of PoPCoin, a Democratic Time-based Cryptocurrency
摘要：
虽然民主建立在管理我们生活和追求财富的平等机会的原则基础上，但我们从数千年的进化中继承的货币形式将我们带到了一个不可持续的不平等爆炸的死胡同。PoPCoin建议利用数字加密货币提供的独特历史机遇，重新设计货币，特别是围绕长期公平性和可持续性，而不仅仅是稳定性，作为我们的主要目标。我们为PoPCoin开发和分析了一种货币政策，该政策将这些公平性目标体现在两个基本规则中，这些规则可以概括为支持“空间”和“时间”上的平等机会：第一个规则是定期向所有参与者平等分配新货币，就像基本收入一样，第二个规则是通过滞期费将这些分配的总价值保持在货币供应总量的恒定和非递减部分。通过初步的经济分析，我们发现，这些规则结合起来产生了一种独特的货币形式，具有许多有趣和有前途的特性，例如货币不平等的可量化和可证明的上限，自然的“早期采用者的奖励”，可以激励快速增长，同时随着参与饱和而逐渐减少，抵抗通货紧缩螺旋的风险，与传统的基本收入所产生的移民激励相反。
英文摘要：
While democracy is founded on the principle of equal opportunity to manage our lives and pursue our fortunes, the forms of money we have inherited from millenia of evolution has brought us to an unsustainable dead-end of exploding inequality. PoPCoin proposes to leverage the unique historical opportunities that digital cryptocurrencies present for a "clean-slate" redesign of money, in particular around long-term equitability and sustainability, rather than solely stability, as our primary goals. We develop and analyze a monetary policy for PoPCoin that embodies these equitability goals in two basic rules that maybe summarized as supporting equal opportunity in "space" and "time": the first by regularly distributing new money equally to all participants much like a basic income, the second by holding the aggregate value of these distributions to a constant and non-diminishing portion of total money supply through demurrage. Through preliminary economic analysis, we find that these rules in combination yield a unique form of money with numerous intriguing and promising properties, such as a quantifiable and provable upper bound on monetary inequality, a natural "early adopter's reward" that could incentivize rapid growth while tapering off as participation saturates, resistance to the risk of deflationary spirals, and migration incentives opposite those created by conventional basic incomes.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
