Coin is under development.
Gesell is a coin on the algorithm x11
mining is only on graphics card
Algorithm can change if asics would released on algorithm x11
It would be another algorithm for mining on graphic cards
It would be realized the principle of “Spare Cash” of Gezel
.direct transfer coins to usd
I want to say that we need to move away from the current system of money because the inequality of reach and pure people, the prosperity of usury and speculation depends from this.
But we can establish that not with every payment system.
Also you get advancement in “the cart is in the pocket, so I can buy everything that I want on Gezel”
And coin would have such property: If you will keep something on your wallet, you will lose 5% per year. So you will have bonus according to certain rules for active trade.
For example: If the total amount of your trade is exceeded the certain amount you will get a bonus on your wallet (coins). At least I see this in that way.
In fact:
- the exchange of currency between the users (the functions of stock exchange) directly (in difference of stock exchange);
- lending activity without a percents (it is especially important for miners and traders) with using principle of “Spare Cash” of Gezel;
- mining of new currency.
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