Difference between revisions of "Freicoin"

From Bitcoin Wiki
Jump to: navigation, search
(Links)
Line 7: Line 7:
 
== Links ==
 
== Links ==
 
* [http://freico.in/about/ About page]
 
* [http://freico.in/about/ About page]
* [http://p2pfoundation.net/Freicoin Fericoin entry on the P2P Foundation wiki]
+
* [http://p2pfoundation.net/Freicoin Freicoin entry on the P2P Foundation wiki]
  
 
[[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?

Links