Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is...

About Freicoin

freico.in 28 Dec '12, 8pm

Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is...

What is Freicoin? Freicoin is a decentralized, distributed, peer-to-peer electronic currency designed to address the grievances of the working class and re-align financial interests of the wealthy elite with the stability and well-being of the economy as a whole. Whereas inflationary currencies like the U.S. Dollar or Euro are controlled by central bankers under rules that intentionally or not benefit the establishment, Freicoin is completely decentralized and self-regulating, with a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically to those community members who contribute work to secure the currency. Freicoin is an implementation of the accounting concept of a proof-of-work block chain used by Satoshi Nakamoto in the creation of Bitcoin . It includes a downloadable client for Mac OS X, Windows, and Linux, and an electronic ...

Full article: http://freico.in/about/

Tweets

@flgnk » 04 Jan '13, 11am
So with an interest in a #Bitcoin called #Freicoin I decided to give a go at mining them instead . See [link]
@jembendell » 29 Dec '12, 6pm
RT @ccmagnet: Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is... [link]
@ccmagnet » 29 Dec '12, 6pm
Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is... [link]
@FintechBot » 28 Dec '12, 10pm
RT @PelleB: Besides the class warfare terminology FreiCoin seems like a good complement to #BitCoin through demurrage. [link]
@PelleB » 28 Dec '12, 9pm
Besides the class warfare terminology FreiCoin seems like a good complement to #BitCoin through demurrage. [link]
@IcePotato » 28 Dec '12, 8pm
bitcoin is aligned with filthy bankers! the people's p2p digital currency is freicoin! [link]
@pdxcurrency » 30 Dec '12, 6pm
RT @ccmagnet: Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is... [link]
@skintnick » 30 Dec '12, 10am
RT @ccmagnet: Now there exists a demurrage-bitcoin. So what does it take to persuade people to use 'rusting' money? And who is... [link]