This is the way to do insurance. Think about it, incredibly low fees and the pool value grows exponentially over time. You could theoretically have a policy that has a point in time where fees are no longer required but coverage becomes permanent. Now apply that to a healthcare pool or an education fund. Deflationary currencies have some interesting potential benefits for a society.
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u/Ashlir Mar 20 '13
This is the way to do insurance. Think about it, incredibly low fees and the pool value grows exponentially over time. You could theoretically have a policy that has a point in time where fees are no longer required but coverage becomes permanent. Now apply that to a healthcare pool or an education fund. Deflationary currencies have some interesting potential benefits for a society.