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Everything posted by Arcurus
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Bank of England could set NEGATIVE interest rate DEMURRAGE!
Arcurus replied to Bicknellski's topic in Chat General
thats not a big problem, because in long run negative interest on deposits would lead to lower the interest on loans generally. the problem more is how these negative interest on deposits is distributed... the problem we currently have, is, that there is a lot really a of money out there, but not much projects / enterprises / states which are trustworthy to get an loan and payback the money. therefore interest goes currently more and more towards 0. There are currently just not enough promising projects to invest in. Here normally the state / people should jump in and give incentives to i -
lol, thx to lorenz! In case of an currency with fixed money supply I understand, that redistribution would be good, but in case of an money supply growing with each user, wouldnt it enough to pay out just the fixed amount of mangos per day and let the old manogs decay? This would give a more stable unit of account, because the amount of maongos per day per user stays the same. and one mango an hour sound good or?
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here some feedback: - Bugs: sending negative money Suggestions: - add the possibilit to add picture or link to picture / social profile - Change: So that one ¨accepted¨ verification counts for both mango eaters (participants ) because if you need to verify somebody, so or so you need to see his real face, to verify the picture maybe better to call it verified friend and make it similar friend request in social networks Further ideas: Currently I am thinking about an web of trust system with playful trust levels, would be great to test out some ideas here: First: - Add option to donate
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hi Fab, why not use for the elder folks, some kind of bookeeping / freicoin paper checks? If there are one or two who take care of the bookeeping this should function even for non tech people
- 13 replies
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- basic income
- universal divident
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@Fab Have sent you en example for how to start an currency with 10+ people. Currently its just a draft in German, so you would have to use some kind of translation tool
- 13 replies
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- basic income
- universal divident
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Hi Samuel, I am thankful for all your energy you have! Up to now I did not had time to look much into Ucoin, maybe its time to do now. To use web of trust as mining sounds very interesting and is what we also discussed in Freicoin in the beginning. What I am still not sure is if not something like proof of stake in combination some proof of work is more preferable, then an currency that is fully based on web of trust and has therefore the multi account problem. But lets see maybe UCoin has an solution for that. Currently I think that it is good to test out both ways. One currency which s
- 13 replies
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- basic income
- universal divident
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(and 2 more)
Tagged with:
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that sounds great. I am little bit buissy these days, I hope to reply soon more in detail. Thx for your efforts!
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Bank of England could set NEGATIVE interest rate DEMURRAGE!
Arcurus replied to Bicknellski's topic in Chat General
sounds like Freicoin -
with testing or coding, i think the alliance could support that with some coins if needed, but it would be good if one of the main develpers could coordinate it.
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I agree to that. Would be good to bring the donation matching to run. Would also be great if we can also distribute some coins though voting with coins. And as said, good to outline an clear vision for Freicoin and the Coin Issuing.
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For me it looks like there is a different perception between the main Freicoin developers and the Freicoin community. As far as I understood the main goal of Freicoin is to create a fair money system for the people. It looks like the developers have more a focus on the demurrage itself, while the community has more a focus on a fair coin issuing / distribution of the demurrage. First of all we should come together and outline a clear vision, in what direction we want to go with Freicoin. Because later on it becomes more diffcult to change things, and also it creates uncertainty about Freicoi
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here are some more practical questions according to coin issuing / the Freicoin Alliance / the Basic Income Experiment: Currently with the Freicoin Alliance we have currently only one entity / project which distributes some serious amounts of coins from the coin matching. Therefore most likely bought coins on exchanges will come at least partially from the Freicoin Alliance at some point in the near future if not more projects will join soon. This would lead to the situation, that donors cannot be sure if they donate to the Freicoin Alliance that their coins are matched if they bought their Fr
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Freicoin Alliance - News and Announcements
Arcurus replied to Arcurus's topic in Freicoin Alliance Information
Hi Freicoiners, Here you can finde an discussion about the future of Freicoin started by Freicoin Lead Developer Mark Friedenbach. Feel welcome to participate: https://freicoinalliance.com/topic/178-future-of-freicoin/ Best regards, Arcurus -
Hi Mark, thank you for your answer. How do you / the developer see the future of coin issuing in Freicoin once the Foundion funds are distributed? Is there any plan of developing something like republicoin, which would allow alternatives to mining for coin distribution? If so how could that look like? Best regards, Martin
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My part of the miner can get to Fabrizio and mine for the Alliance / Freieconomuy project if he agrees.