Community Laws.

Monetary Issue

There will NEVER be more BIGTTs than those initially issued. The contract prevents generating new tokens.

The classical theory explains that unbacked monetary issue generates depreciation of the local currency vs stronger currencies (USD/E).

Deflation

Bigoteitor has allocated 20% of the Stock of Tokens to be burned at times when the community needs money to be taken out of circulation.

If the supply of money were to increase without the demand for it increasing, the value of the currency would depreciate. Conversely, if the money supply were reduced, the value of the currency would appreciate. Token burning generates deflation.

Transaction Fee (“Taxes”)

Bigoteitor does not have a transaction fee and never will.

Bigoteitor wants you to keep the tokens in your possession because you want to, and not because you have to pay a high fee every time you make a transaction. Historically, taxes have affected the poorest in the third world the most.