Vitalik Buterin thinks there should be less ETH - wants Apps to destroy it

[CryptoGirl]

Buterin is intrigued by the idea of imposing fees on applications built atop ethereum. Those fees would destroy ether tokens over time.

“If the token is being burned, then you have an economic model that says the value of the token is the net present value of basically all future burnings,”. Otherwise, “it’s just a currency that goes up and down. It feels kind of like voodoo economics and the price of the token isn’t really backed by anything,...That’s a very spooky thing.”