Topic: Freigeld (Silvio Gesell "free money"): which platform to choose? (Read 1119 times)

Bitcoin is free money. We do not want compete to him.
Besides, euro and dollar are analogue Gezel money. They are inflationary.
It stimulating people to invest in products and services. Thus Gezel money compete with dollar.
This is dead end. People need the best way.

Well, the idea of inflation is not working for obvious reasons, but Gesell in not about inflation, but about free money.

There are a number of skilled persons (including but not limited to freelancers) that would like to provide and receive services in a form of the "exchange", where time could be an equivalent of the cost of services. As an example - I can teach neighbor's kids and get housekeeping (or other) services in exchange. It's not about inflation, it's about providing mutual services, where currency is just an account unit to provide fair calculations.

And I do not want to pay taxes on teaching kids!

Why everyone see only inflation in Gesell ideas? It's much wider and coins could be very good match for the real life implementation of such ideas!

There are some free software for Gesell money, but it has been done in "pre-internet era" and not useful anymore. Any Gesell-like project out there (without inflation)?

Gesell's theory has been around for generations.
In reality economics it seems to fail.  Mostly.

But why not keep trying?  Crypto is a continuous testbed of concepts.

I'd rather see a coin that gradually deflates (deletes) none moving coinage.  Also a 0.001% transaction fee.  Thus you get money that evaporates if not used, and the supply is mostly what is recently mined.  Would work well for one of these 2.0 DEX exchanges aka layered platforms. The Freigeld is the main chain reward and needed to buy tokens (base pair currency).  Deflationary % inverse relation to Difficulty %.  Likely would need a fiat tokens (as secondary base pair currency) ... so the DEX platform has 2 different markets to price assets/tokens.  One spiky the other pegged and smooth.


the extant 2.0 DEX exchanges; basically have the same properties.
NXT money supply is no inflation no deflation?
Writing in a stamp tax rule into the system is likely going to be tested by at least one DEX exchange.
That will force perpetual sell pressure.  And savers will just convert into other currencies, but buyers will need the Freigeld.

A bear Freigeld market, lowers difficulty (because low prices low hash) and the tax% goes up, currency not in motion is taxed, thus currency supply shrinks, triggers market to bullish, raises difficulty (because high prices high hash), high difficulty means lower tax%, Freigeld supply inflates, Freigeld market goes bearish, full circle, loop, repeat.  

I will try to explain with other words.

First of all, such coins are NOT to be used to store value. Moreover, inflation system will motivate people to spend it asap or exchange to stable currency like Bitcoin/Litecoin/etc.

Second, there should be a lot of different Freicoins, banked by their companies. Each coin will have it's life cycle and inflation rules. It won't be mined.

Our idea is to give people a platform for such coin emission. Any company or business can issue their own Freicoin and distribute it.

First we thought about Bitshares as a platform, but it does not allow such types of assets. NXT does not. May be Waves will do? But today we think Ethereum is the best choice.

Our goal is to give businesses opportunity to issue their Freicoin, and create tools like exchange platforms, wallets and online shops where people will spend their coins.

This is a failed idea, sorry - Freicoin tried it and it died AFAIK
People will just store their wealth on another currency that doesn't use the inflation system

"Gesell coin is a discount coupon"

any Alt not trading 6-figures
needs to review the concept of a Gesell coin

I don't know anything about it, but every Gesell coin have to be banked by real products. Otherwise it's scam.

Gesell coin is a discount coupon, not a money like gold or bitcoin.

Freicoin

Anyone know where on Earth that coin is traded or spent?

Still has Hash mining away.

Sorry for late answer, and I agree with you that it's easy to bypass inflation of such coin. Moreover:
1. I don't want people to collect such coin, it's only used for cooperation.
2. Any attepmt to create Global Universal Freicoin is stupidity or scam.
3. I believe in BTC myself and use it as a primary currency for conservation of value.

I will try to explain what kind of coin do we want and why.

First, we are NOT going to create Money (like BTC), we want to create currencies! Pay attention, that currency is not money. Currency could be backed by money,  but currency itself is just a paper!

For example, I'm a farmer and have a herd of cattle. Every day I produce a lot of milk, cream, cheease, etc... I built my farm on crowdfunding money and want to pay dividents in currency backed by my products. I need money which have the same properties like milk products do! If I have such kind of money, I will pay every day dividents and people will buy milk for it. Or they will just sell such "melting paper money" to anyone who needs my products.

Another example, I'm a huge company like Foursquare or Instagram, build after successfull crowdfunding campaign. Everyday people make selfies, checkins, etc. And I want to sell ads for them. Why not to make a currency, which is backed by ads on such platform?

There was already a Freicoin.  Since inflation or devaluing your coin by algorithm are just social engineering, they can be bypassed by...drum roll....switching to any of the other currencies on the planet not utilizing this social engineerg, whether it's Bitcoin, gold, or even using stocks themselves as a somewhat deflationary currency/store of value.  

The idea of social engineering the entire economic system to ban all deflationary stores of value is a joke and would require an even bigger police state than what we already have.  Wait a minute, what am I talking about, they're already attempting to do this with cash bans and NIRP, so what the hell is the point of a Freicoin again?  You already have Freicoin in reality.  That's why Bitcoin is good, it lets you avoid Bernanke Freicoin.

trying to up my question

Freigeld (or free money) is a monetary (or exchange) unit proposed by Silvio Gesell. If don't know about them you may read Wikipedia article about them:

https://en.wikipedia.org/wiki/Freigeld

Bitcoin is our "crypto gold", and most sage people save them up. But to make economy buoyant we need other currencies and monetary systems. Gesell experiments put in a strong performance.... So, why not to implement such currency on blockchain techonoly?

What is key feature of Freigeld? Negative rate of interest! This motivate people to spend money more and more, not to keep them.

We need a simple solution to issue such currencies.

Which platform to choose? Bitshares has no such feature.

Ethereum contract? Anyhting else?