WTF WITH FREICON

[papamoi]

Hi

guys


i didn t syncro my wallet since 3/4 months and today i ve syncro it and my wallet started to reduce size

77 freicon has disappeared to nowhere

WTF?

[Etlase2]

Did you read the fine print?

[StarenseN]

It's called demurrage, one specific feature of freicon.

Cheers !

[papamoi]

so

who s pocket is it going to?

[MaGNeT]

It's a Proof of Gone [PoG] coin.

[torzsy]

It has been forked, the new name is ByeCoin.

 

[ronimacarroni]

lol.
freicon is keneysian.
Keneysians believe that money must lose value so that people will spend it.
There's nowhere to spend failcoins er I mean freicoins though, making the idea stupidier than it is.
Btw this is the current US fed policy, only that instead of demurraging money, they're printing it and giving it to the government making yours lose value every day.
Enjoy.

[MaGNeT]

[rockfeng]

 where is link

[ronimacarroni]

where is link

Here's one
http://www.coindesk.com/freicoins-attempt-to-free-the-economy/

[RodeoX]

Do as you like, but I don't screw around with alt-coins. There are all sorts of crazy rules that come with them. Often rules that have not been thought through.

[viboracecata]

weird feature to me