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Flight From Inflation - E.C. Riegel Flight From Inflation E.C. Riegel 12.50 + S/H Place Your Order New Approach to Freedom - E.C. Riegel

New Approach to Freedom E.C. Riegel 12.50 + S/H Place Your Order

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freicoinFreicoin: a peer-to-peer digital currency delivering freedom from usury

Freicoin is a peer-to-peer (P2P) currency based on the accounting concept of a proof-of-work block chain used by Satoshi Nakamoto in the creation of Bitcoin.

Unlike Bitcoin, Freicoin has a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically. This demurrage fee was proposed by Silvio Gesell to eliminate the privileged position held by money compared with capital goods, which is the underlying cause of the boom/bust business cycle and the entrenchment of the financial elite, and has been tested several times with positive results.

Copyright 1995-2014 Stephen DeMeulenaere where applicable. Creative Commons License
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