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hazek
Legendary
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Activity: 1078
Merit: 1003
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2012, 10:19:53 PM |
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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SlickTheNick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2012, 02:46:33 AM |
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this tells the average person absolutely nothing about what this is.
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Impaler
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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December 29, 2012, 03:48:14 AM |
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Go here this is the site that for explaining for newcomers http://freico.in/
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scrybe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2012, 03:51:23 AM |
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"...as simple as possible, but no simpler" -AE BTC/TRC/FRC: 1ScrybeSNcjqgpPeYNgvdxANArqoC6i5u Ripple:rf9gutfmGB8CH39W2PCeRbLWMKRauYyVfx LTC:LadmiD6tXq7gFZvMibhFUZegUHKXgbu1Gb
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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December 29, 2012, 03:52:00 AM |
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this tells the average person absolutely nothing about what this is. You aren't missing much. Do you love inflation? Do you sometimes feel bad that inflation doesn't rob your Bitcoins of purchasing power? Wish your Bitcoins could slowly disintegrate over time? Well your in luck, freicoin is the coin for you. Some potential slogans: "Freicoin: the only alt-coin with a wealth destruction feature built right in" "Freicoin: the only thing free about it is the freedom to confiscate your wealth" "Freicoin: 9 out of 10 central bankers choose Freicoin over Bitcoin" "Freicoin: eventually you will disintigrate into nothing, shouldn't your money do the same?"
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SlickTheNick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2012, 06:04:32 AM |
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this tells the average person absolutely nothing about what this is. You aren't missing much. Do you love inflation? Do you sometimes feel bad that inflation doesn't rob your Bitcoins of purchasing power? Wish your Bitcoins could slowly disintegrate over time? Well your in luck, freicoin is the coin for you. Some potential slogans: "Freicoin: the only alt-coin with a wealth destruction feature built right in" "Freicoin: the only thing free about it is the freedom to confiscate your wealth" "Freicoin: 9 out of 10 central bankers choose Freicoin over Bitcoin" "Freicoin: eventually you will disintigrate into nothing, shouldn't your money do the same?" well.... that sounds retarded.
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Ignore@YourPeril
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2012, 08:19:42 AM Last edit: December 29, 2012, 08:46:40 AM by Ignore@YourPeril |
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http://en.wikipedia.org/wiki/Worse_is_betterThis principle can also apply when introducing a new currency. Worse for the saver => better for the spendthrifts => faster-wider-harder distribution.
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Liquid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2012, 11:17:32 AM |
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this tells the average person absolutely nothing about what this is. You aren't missing much. Do you love inflation? Do you sometimes feel bad that inflation doesn't rob your Bitcoins of purchasing power? Wish your Bitcoins could slowly disintegrate over time? Well your in luck, freicoin is the coin for you. Some potential slogans: "Freicoin: the only alt-coin with a wealth destruction feature built right in" "Freicoin: the only thing free about it is the freedom to confiscate your wealth" "Freicoin: 9 out of 10 central bankers choose Freicoin over Bitcoin" "Freicoin: eventually you will disintigrate into nothing, shouldn't your money do the same?" well.... that sounds retarded. ROFL
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Bitcoin will show the world what hard money really is.
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DryPowder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2012, 10:36:08 AM |
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this tells the average person absolutely nothing about what this is. You aren't missing much. Do you love inflation? Do you sometimes feel bad that inflation doesn't rob your Bitcoins of purchasing power? Wish your Bitcoins could slowly disintegrate over time? Well your in luck, freicoin is the coin for you. Some potential slogans: "Freicoin: the only alt-coin with a wealth destruction feature built right in" "Freicoin: the only thing free about it is the freedom to confiscate your wealth" "Freicoin: 9 out of 10 central bankers choose Freicoin over Bitcoin" "Freicoin: eventually you will disintigrate into nothing, shouldn't your money do the same?" It´s Frito Coin ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Keep Your Powder Dry
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creativex
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2012, 04:03:43 PM |
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this tells the average person absolutely nothing about what this is. You aren't missing much. Do you love inflation? Do you sometimes feel bad that inflation doesn't rob your Bitcoins of purchasing power? Wish your Bitcoins could slowly disintegrate over time? Well your in luck, freicoin is the coin for you. Some potential slogans: "Freicoin: the only alt-coin with a wealth destruction feature built right in" "Freicoin: the only thing free about it is the freedom to confiscate your wealth" "Freicoin: 9 out of 10 central bankers choose Freicoin over Bitcoin" "Freicoin: eventually you will disintigrate into nothing, shouldn't your money do the same?" well.... that sounds retarded. Correct. Pass on Federal Reserve Coin.
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2012, 04:13:02 PM |
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Sounds like freak coin, but who am I to judge?
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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psybits
Legendary
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Activity: 1386
Merit: 1000
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January 02, 2013, 04:20:55 AM |
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Everything around us was at some stage an idea that seemed ridiculous at first.
Personally, I'm fascinated to see how FRC goes (it certainly differentiates itself from the other coins).
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creativex
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 04:25:49 AM |
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Everything around us was at some stage an idea that seemed ridiculous at first.
Personally, I'm fascinated to see how FRC goes (it certainly differentiates itself from the other coins). Unfortunately it differentiates itself by having a tax applied to it.
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nethead
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 04:27:30 AM |
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Everything around us was at some stage an idea that seemed ridiculous at first.
Personally, I'm fascinated to see how FRC goes (it certainly differentiates itself from the other coins). Unfortunately it differentiates itself by having a tax applied to it. and developers eating that tax..
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DeathAndTaxes
Donator
Legendary
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Activity: 1218
Merit: 1079
Gerald Davis
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January 02, 2013, 04:27:42 AM Last edit: January 02, 2013, 05:01:31 AM by DeathAndTaxes |
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Everything around us was at some stage an idea that seemed ridiculous at first.
Personally, I'm fascinated to see how FRC goes (it certainly differentiates itself from the other coins).
I can simulate FRC for you. Give me x BTC and in a year (or whenever you want) I will give you some of them back (95% back for period of 1 year, prorated for shorter periods). Hell I won't even keep the 5%, I will just send it to the miners as a tx fee.
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 04:54:31 AM |
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Everything around us was at some stage an idea that seemed ridiculous at first.
Personally, I'm fascinated to see how FRC goes (it certainly differentiates itself from the other coins).
I can simulate FRC for you. Give me x BTC and in a year (or whenever you want) I will give you some of them back (95% back for period of 1 year, prorated for shorter periods). Hell I won't even keep the 5%, I will just send the to the miners. +1 LOL this. Goes to show how flawed the concept of FRC is. I want in on this if you FRC fanboys truly believe in the concept of FRC.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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maaku
Legendary
Offline
Activity: 905
Merit: 1012
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 05:12:28 AM |
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I can simulate FRC for you. Give me x BTC and in a year (or whenever you want) I will give you some of them back (95% back for period of 1 year, prorated for shorter periods). Hell I won't even keep the 5%, I will just send it to the miners as a tx fee.
No, if you simply hold the coins that does not simulate demurrage. Not unless your coins were also subject to demurrage as well, and everybody else's too. The positive effects of demurrage are observed at the macroeconomic scale. One person providing negative-interest loans is a very different (and useless) experiment.
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I'm an independent developer working on bitcoin-core, making my living off community donations. If you like my work, please consider donating yourself: 13snZ4ZyCzaL7358SmgvHGC9AxskqumNxP
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 05:45:29 AM |
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I can simulate FRC for you. Give me x BTC and in a year (or whenever you want) I will give you some of them back (95% back for period of 1 year, prorated for shorter periods). Hell I won't even keep the 5%, I will just send it to the miners as a tx fee.
No, if you simply hold the coins that does not simulate demurrage. Not unless your coins were also subject to demurrage as well, and everybody else's too. The positive effects of demurrage are observed at the macroeconomic scale. One person providing negative-interest loans is a very different (and useless) experiment. So how exactly is FRC different than this "experiment" you reference?
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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scrybe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2013, 06:07:47 AM |
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I can simulate FRC for you. Give me x BTC and in a year (or whenever you want) I will give you some of them back (95% back for period of 1 year, prorated for shorter periods). Hell I won't even keep the 5%, I will just send it to the miners as a tx fee.
No, if you simply hold the coins that does not simulate demurrage. Not unless your coins were also subject to demurrage as well, and everybody else's too. The positive effects of demurrage are observed at the macroeconomic scale. One person providing negative-interest loans is a very different (and useless) experiment. So how exactly is FRC different than this "experiment" you reference? For one you would have to issue some sort of fungable unit that I can use to trade with others, locking my money away is not why I would be using FRC. You would also have to agree to cash out me, or any of my friends or their friends (etc) at a prorated amount at any time. This does not even get into the macro/micro issue, your scenario is an invalid comparison on the face of it, otherwise it would not be a reasonably good joke.
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"...as simple as possible, but no simpler" -AE BTC/TRC/FRC: 1ScrybeSNcjqgpPeYNgvdxANArqoC6i5u Ripple:rf9gutfmGB8CH39W2PCeRbLWMKRauYyVfx LTC:LadmiD6tXq7gFZvMibhFUZegUHKXgbu1Gb
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