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Author Topic: I want to buy 1000 TRC with cash (escrow). What is 1000 Terracoins worth to you?  (Read 3429 times)
meebs
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December 30, 2012, 04:27:43 AM
 #41



Agreed! I've got some cool TRC projects coming up. A major upgrade to www.terrawallet.com.  Low difficulty means more coins! And unlike FRC, your TRC you mine now will still all be there two years from now. :-)

OK, just jumped on the FRC bandwagon, and trying to figure it out.  I'm struggling to understand this whole concept.  Say I have 10,000 FRC today.  They will eventually disappear? At what rate? 



I think i heard 4.8% a year or so.

The idea is so that people dont just hoard it and it helps motiviate people to spend the currency and keep it moving. A moving currency is key for a healthy economy. http://en.wikipedia.org/wiki/Velocity_of_money

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crazy_rabbit
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December 30, 2012, 01:56:44 PM
 #42



Agreed! I've got some cool TRC projects coming up. A major upgrade to www.terrawallet.com.  Low difficulty means more coins! And unlike FRC, your TRC you mine now will still all be there two years from now. :-)

OK, just jumped on the FRC bandwagon, and trying to figure it out.  I'm struggling to understand this whole concept.  Say I have 10,000 FRC today.  They will eventually disappear? At what rate? 



I think i heard 4.8% a year or so.

The idea is so that people dont just hoard it and it helps motiviate people to spend the currency and keep it moving. A moving currency is key for a healthy economy. http://en.wikipedia.org/wiki/Velocity_of_money


Except of course, you can just move it regularly between wallets (that you own) so that it never deflates. So the purpose is defeated.

more or less retired.
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