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Author Topic: Timecoin  (Read 577 times)
mokimarket (OP)
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April 05, 2013, 02:48:55 PM
 #1

How about a coin that disappears if it is not spent after a certain amount of time.

This would encourage transactional use of the coin instead of hoarding.
strunberg
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April 05, 2013, 02:50:32 PM
Last edit: April 05, 2013, 03:00:55 PM by strunberg
 #2

Most of us are here for a quick buck. It won't work for investors as well.
When I say investors,I'm talking about wall street for the crypto the coin that stands above others when the time comes.


.SWG.io.













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April 05, 2013, 03:16:25 PM
 #3

Friecoin already kind of does this with built in demurrage. I don't think many people want to deal in an evaporating currency, hence everyone selling fiat for crypto.
funnow
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April 05, 2013, 03:20:45 PM
 #4

Better use another name, because a cryptocurrency called Timekoin exists.
sangaman
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April 05, 2013, 03:20:51 PM
 #5

People can just send coins to themselves to avoid a deadline. Also it seems like the name Timecoin or variants of it are quite popular around here.
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April 05, 2013, 03:38:24 PM
 #6

People can just send coins to themselves to avoid a deadline. Also it seems like the name Timecoin or variants of it are quite popular around here.

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