Freicoin (FRC ) price, charts, market cap, and other
DGB/BTC.00.00000558, rDD/BTC.00.00000073, sKC/BTC.00.00000434, dOGE/BTC.56.00000039, aTB/BTC -3.08.00001070, bTI/BTC.00.00000598, mZC/BTC.00.00000010 supp/BTC.00.00000100 IXC/BTC.00.00001430 manna/BTC.00.00000035 FRC/BTC.00.00000085 WCH/BTC.00.00019397 LTB/BTC.00.00002100 NYC/BTC.00.00000002 DVC/BTC.00.00000001. Value in 100 years Actual Value (interest).39.60 -5 (interest) 167.02 168,903.82 As you can see, positive interest rates cause us to value short-term returns, and if there were negative interest rates the financial market would make us value things in the future more. 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.
Freicoin - easy-to-use demurrage currency
However basic interest impedes yields from dropping to zero, causing an economic rent that is trouble for not only money holders and lenders but for everyone who seeks to acquire or invest wealth. With sustainable 0-APR interest loans the order of the day, business will boom and the economy will grow in a virtuous cycle. Bitcoin and Freicoin support each other as collaborative free software. Freicoin enables a sustainable society by safely lowering basic interest rates to zero without price inflation by means of demurrage. The following table completes his example: High interest gives more incentive to destroy than create.
Freicoin - Home, facebook
Freicoin - Bitcoin Wiki
They maintain that people always prefer to have things in the present over having them in the future. However to keep prices stable an equal-valued batch of freshly minted coins is created and distributed to the diligent accountants (the miners) who maintain at their own cost the global ledger of electronic transactions. Both digital currencies provide a predictable, limited and stable monetary supply and 24/7/365 operation (compared with banking abolish centralized control over that money supply, dis-allow chargebacks or seizure of assets, provide fast transfers with low transaction costs (Freicoins are expected to be even lower than.
Freicoin, price.000584 USD, freicoin
That is, short-term thinking is part of human nature. Last price 24 high 24 low 24 volume # Coins, market cap.11519447, last price.11519447, last price. The network hash rate needs to be maintained above a certain level to prevent "51 attacks" (double spending, etc). Dollars.) According to Bernard Lietaer, this short term thinking is not inherent to humans but caused by some existing monetary systems.