Bitcoin Forum
June 22, 2018, 01:56:14 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
Author Topic: Phoenix Coin interest  (Read 2799 times)
Hero Member
Offline Offline

Activity: 717
Merit: 501

View Profile
May 28, 2012, 04:05:51 PM

If you back a currency with a U.S. dollar, instead of all the inflation going to federal government, it would go to local government.   What this means if you back $10 billion in local dollars, all the inflation would benefit the local community.  If the city placed that money in stocks or bonds, all the dividends and interest would be profit.
Pages: « 1 [2]  All
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!