"Ok, so I might need $1 million to buy a house." Do you need a...

"Ok, so I might need $1 million to buy a house."

Do you need a $1 million house or do you want a $1 million house? Micro-inflationary currencies currently encourage stupid spending because they lose value over time. A micro-deflationary currency encourages savings and smart spending. With greater purchasing power and less non-necessities, the concept of buying a home with borrowed money becomes less necessary.

"If it saves the banks $$ then it will be adopted."

Although they will likely adopt it, this is certainly not the reason. The decrepit methods of sending money internationally in the current banking system are virtually un-changed in 45 years, despite the advent of micro-computers, then the Internet, smart devices, etc. They've had decades, and preferred to remain stifled. This is completely unsurprising given the clearing house model, legalised fraud, and systemically growing monopolisation.