it's the same way of thinking as fiat money, which aims to stole the value of peoples who are saving the money.
No, you are wrong, Freicoin is the best.....
Topic: why Freicoin won't work (Read 1349 times)
No, you are wrong, Freicoin is the best.....
the only alt coin with real potential is Litecoin
Seems to work fine.
Computer hardware gets cheaper though. How much storage can a gram of gold buy today as opposed to ten years ago?
Sorry, I don't get your point.
As explained many times:
1) You can save in many ways, not only hoarding the medium of exchange: investing, lending, hoarding real goods, paying in advance...
2) demurrage is not the same thing as inflation, their effects are different:
A) Inlflation is an accounting inconvenience. If you think that is not important, just think that the prices must grow exponentially and the period for a given product to increase one unit in price will become shorter and shorter with time. Eventually it will become shorter than a second
B) Demurrage lowers real interest rates while inflation only rises nominal interest rates
1) You can save in many ways, not only hoarding the medium of exchange: investing, lending, hoarding real goods, paying in advance...
2) demurrage is not the same thing as inflation, their effects are different:
A) Inlflation is an accounting inconvenience. If you think that is not important, just think that the prices must grow exponentially and the period for a given product to increase one unit in price will become shorter and shorter with time. Eventually it will become shorter than a second
B) Demurrage lowers real interest rates while inflation only rises nominal interest rates
Computer hardware gets cheaper though. How much storage can a gram of gold buy today as opposed to ten years ago?
As explained many times:
1) You can save in many ways, not only hoarding the medium of exchange: investing, lending, hoarding real goods, paying in advance...
2) demurrage is not the same thing as inflation, their effects are different:
A) Inlflation is an accounting inconvenience. If you think that is not important, just think that the prices must grow exponentially and the period for a given product to increase one unit in price will become shorter and shorter with time. Eventually it will become shorter than a second
B) Demurrage lowers real interest rates while inflation only rises nominal interest rates
1) You can save in many ways, not only hoarding the medium of exchange: investing, lending, hoarding real goods, paying in advance...
2) demurrage is not the same thing as inflation, their effects are different:
A) Inlflation is an accounting inconvenience. If you think that is not important, just think that the prices must grow exponentially and the period for a given product to increase one unit in price will become shorter and shorter with time. Eventually it will become shorter than a second
B) Demurrage lowers real interest rates while inflation only rises nominal interest rates
The what-coin?
https://bitcointalksearch.org/topic/freicoin-bitcoin-with-demurrage-3816It's just a concept so far.
The what-coin?
Why couldn't you just say this in the Freicoin thread?
it's the same way of thinking as fiat money, which aims to stole the value of peoples who are saving the money.
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