I dont like removing the interest from the bank, but the reason isnt because I think its a bad idea, I dont like it because I just barely started benefiting from it.
Ever since I first learned about the bank and the 2% daily interest, its been clear it isnt a great long-term idea.
I mean, if I got 100 coins when I first joined this site, put it in the bank, collected the interest of 2% every day and never interacted with the community again, I would have, after a year, over 137,000 coins. (Assuming I didnt fuck up the math)
After a certain amount of coins, if your main objective is accruing more, the coins you get from interacting become trivial compared to the interest.
Removing the interest (or at least strongly nerfing it) encourages more interaction from the community, while also pausing the hyperinflation that 2% daily compounding interest causes.
This is not popular, as we've seen. The reason I'm saying this isn't because I like removing the interest from the bank, it's because it seems to me to be true, and a good idea long term.
Im curious to learn other peoples perpectives on this, i believe my logic is sound, but i wouldnt mind being proven wrong.
Also good afternoon everyone.
He certainly seems to be upset.
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