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RE: The Death of dCITY?

in LeoFinance3 years ago

The .005 peg is supposed to be a guide for proper governance, I think... that's the point of the game, to learn about inflation and government. And tokens aren't burned, but redistributed... so the only factors that can affect the SIM token price are taxes and new cards bought with SIM. The 3rd edition will help-- as well as the new construction and crisis elements-- but it will still come down to responsible taxation by our Presidents.

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Is taxation ever responsible. It also is the fact that there is no limit on the card production too.

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In this case... if you want the SIM price to be somewhat stable, then taxation is responsible. And your second statement is the reason the flow of SIM needs often to be curtailed. This isn't the real world... it's a game and these are the mechanics. We can't just have a killer APR all the time with no price effect.

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