28 Dec '12, 9pm

Freicoin, die umlaufgesicherte Währung der Occupy-Bewegung wurde als Bitcoin-Klon lanciert: #freicoin

0% interest, forever Freicoin's parameters are carefully chosen to eliminate the basic interest component of investments, called the liquidity premium by economists. Usurious non-zero basic interest distorts the free market, incentivises poisonous greed, excess, and short-term thinking, and perpetuates a vicious cycle of boom/bust recessions. Sustainable investments Zero basic interest encourages sustainable investments, as long-term investments tend to be, by removing the time preference implicit inflationary (U.S. Dollar, Euro) or deflationary (Bitcoin) currencies. When business is conducted in Freicoin, participants value present and future holdings equally, and favor sustainable processes. Stable long-term value Demurrage forces freicoins to circulate at deliberately high rates. Separation of money's roles as store-of-value and medium-of-exchange allows money to flow w...

Full article: http://freico.in/

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