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Its an interesting thought experiment but falls apart very quickly when meeting reality of human nature. And just not very logical altogether, unenforceable globally.

The current global legal maze that allows all those money hiding places is exactly due to similar efforts in the past, they are half-assed at best. But it keeps wealth management companies busy, so at least somebody benefits at the end.

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But not that far fetched in 2024, Bitcoin limits the total amount of coins. I'd think at a certain amount of money, probably a significant part is likely idleling (and not adding to economy) or not in full control of the owner.

The sole purpose of limiting coins was to create an asset with increasing value.

No, to stop inflation

Yes, by creating a limited amount of assets with increasing value, thus resulting in deflation. That's what I said.

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