Difference between revisions of "Freicoin"

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[http://www.freicoin.org/ Freicoin] is "Bitcoin with [http://en.wikipedia.org/wiki/Demurrage demurrage]".
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[http://freico.in Freicoin] is "Bitcoin with [http://en.wikipedia.org/wiki/Demurrage demurrage]".
  
 
It is an alt chain with the design goal that holders of the coin will have negative interest rates, as a means to redistribute wealth from rich people to poor people. Fees are taken for holding coins and distributed to miners.
 
It is an alt chain with the design goal that holders of the coin will have negative interest rates, as a means to redistribute wealth from rich people to poor people. Fees are taken for holding coins and distributed to miners.
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* [http://freico.in/about/ About page]
 
* [http://freico.in/about/ About page]
 
* [http://p2pfoundation.net/Freicoin Freicoin entry on the P2P Foundation wiki]
 
* [http://p2pfoundation.net/Freicoin Freicoin entry on the P2P Foundation wiki]
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* [http://www.freicoin.org Forum]
  
 
[[Category:Alternative cryptocurrencies]]
 
[[Category:Alternative cryptocurrencies]]

Revision as of 13:59, 2 January 2013

Freicoin is "Bitcoin with demurrage".

It is an alt chain with the design goal that holders of the coin will have negative interest rates, as a means to redistribute wealth from rich people to poor people. Fees are taken for holding coins and distributed to miners.

The major issue with Freicoin is that of incentives - why would someone choose to hold a Freicoin and incur demurrage, where he can just hold Bitcoin instead?

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