BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency. The rules are simple. There was originally 1,000,000 Bomb in existence. Each time a Bomb is transferred, 1% of the transaction is destroyed. There will never be newly minted Bomb. The intention is not to be used for day-to-day transactions, but rather as a decentralized hedge against traditional inflationary instruments. Through a system of immutable smart contracts and continuous destruction, BOMB is the world’s first self-destructing currency.
