What happens to the money that was in Signature Bank and SVB? I guess it no longer exists, but then the government prints new money to cover the balances, but does this cause inflation? I mean the money is gone, and then new money is created to cover it. I guess thats not inflationary?
Also is anyone auditing the SVB and Signature Bank balance sheets? Does the government just pay whatever SVB and Signature Bank says was in their accounts?
Suggestion for change: The daily rewards as an average of more than 1 day.
Right now it feels like I got tipped for a viral post twice, which wasn't the goal in the beginning afaik?
Average of multiple days would incentivize being active for multiple days in a streak and be more of a reward for being active than individual posts/comments.
I'm not suggesting this for my own advantage, I just think it would be a better system. Hopefully, brainstorming about this topic is welcome again now that the dust on the current system has settled :)
I can't figure the whole thing out. Sometimes I get it, sometimes I don't. I flew to Aruba yesterday and will be here for a few days. I'm keeping an eye out for bitcoin use on the Island.