Freicoin

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Revision as of 19:25, 28 April 2013 by Explodicle (talk | contribs) (edited for NPOV)
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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 increase the velocity of money by reducing the incentive to save. Fees are taken for holding coins and distributed to miners.

FAQ

Why would someone choose to hold a Freicoin and incur demurrage, where he can just hold Bitcoin instead?

Assuming they already have the Freicoin, exchange fees to Bitcoin may be greater than the loss from demurrage.

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