Inflation is already compound negative interest to cash that you own.https://twitter.com/NickSzabo4/status/1155580113678811136 …
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Replying to @Coinabe1
True that. It just becomes a lot more blatant when the interest rates are nominally as well as really negative.
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Replying to @NickSzabo4 @Coinabe1
It also requires a substantial number of draconian and unprecedented measures to make it work, made possible only by digital centralization of control over the particulars (who owns what), not just the generalities (e.g. controlling the overall money supply) of our money.
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