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Revision as of 07:27, 29 December 2012 by Ripper234 (talk | contribs)
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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?